The Park Place Economist

Why are Foreign Manufactured Cars Gaining Market Share in the US Market?


In the search for an explanation to this problem, this paper reviews previous research, then explains the theory, the empirical model including the data set, analyzes the results, and offers any conclusions that can be made conclusions. With correct data, this paper should be able to predict market share of individual cars using specific demand variables. Car manufacturers can then use these conclusions to determine what the consumer values and what they need to do to increase market share

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