3 results
Search Results
Now showing 1 - 3 of 3
Item Restricted An empirical model of automobile demand in the Philippines(1998-01) Abano, Gino; Bocobo, Felicia; Canlas, Dante B.Item Restricted The effects of gasoline price fluctuations on automobile consumer behavior: an empirical analysis using macro data(2008-10) Angot, Ladylou G.; Trinidad, Francesca Maria T.This paper analyzes the effects of oil price fluctuations on the demand for subcompact, compact, executive and large automobile classes. A macroeconomic data set that includes car prices, gasoline prices, disposable income, lagged car sales and interest rates, i employed to provide implications on automobile consumer behavior using an aggregate time series model. A dummy variable is used to account for the structural change in oil prices. The results of the study provide compelling evidence that increasing gasoline prices have a much stronger effect on subcompacts illustrating a shift in the buying preference of consumers from Jess efficient to more fuel-efficient automobiles.Item Restricted The Philippine automobile industry in the advent of liberalization(1997-02) Tumangan, Sol Elizah Y.; Uy, Deanna Marie T.; Herrin, Alejandro N.This paper aims to present the potential impact of relevant trade policies, implemented by the Philippine government, on the attainment of a globally competitive automobile industry. These new policies intend to prepare the Philippine automobile industry for the coming liberalized trading regime beginning the year 2000. At this future date, local content requirements will be abolished and proceedingly, tariffs on finished cars will be lowered. This paper includes the general policy program of the Philippines as well as those of its fellow Southeast Asian countries, namely Thailand, Indonesia and Malaysia. This paper analyzes the different policies using a general framework of the effects of trade liberalization. With this, the effects of present policies are gauged with regard to their merits of allowing the industry participants to achieve global competitiveness, and presents the potential effects if these countries opt or continue to liberalize their regimes.