Demand of Automobiles in Canada
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2014-01-15
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University of Hawaii at Manoa
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According to the report published in 1958 by the Senate Subcommittee on Antitrust and Monopoly (6), all together there are six major studies which have been made on the elasticity of demand for automobiles which utilize historical data. Among them, the studies by Suits (7) and Chow (2) were singled out for more detailed discussion in their report, prinĀ cipally on the grounds that they are the two most recent analyses and the only studies incorporating post-World War II data.
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16 pages
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