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Learning by Consumers in the Demand for Japanese Cars

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  • Charlotte Wojcik

Abstract

This paper provides an empirical analysis of the impact of consumer learning over time on the demand for Japanese cars, using both a multinomial logit demand model and the Berry–Levinsohn–Pakes demand model (Econometrica, vol. 63, 1995, 841–90). The data suggest that learning about particular models, manufacturers, and Japanese cars as a group had a positive impact on the demand for individual models during the 1970s and 1980s.

Suggested Citation

  • Charlotte Wojcik, 2001. "Learning by Consumers in the Demand for Japanese Cars," Review of International Economics, Wiley Blackwell, vol. 9(1), pages 94-107, February.
    • Handle: RePEc:bla:reviec:v:9:y:2001:i:1:p:94-107
    DOI: 10.1111/1467-9396.00266
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    Cited by:

    1. Inha Oh & Jeong-Dong Lee & Seogwon Hwang & Almas Heshmati, 2010. "Analysis of product efficiency in the Korean automobile market from a consumer’s perspective," Empirical Economics, Springer, vol. 38(1), pages 119-137, February.
    2. Dalton, John T. & Goksel, Turkmen, 2013. "Reputation and learning: Japanese car exports to the United States," Japan and the World Economy, Elsevier, vol. 25, pages 10-23.

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