Macroeconomic Factors Affecting Car Sales

SHORT-RUN MACROECONOMIC FACTORS AFFECTING CAR SALES Viktor Smusin Natalia Makayeva give lessons of blood line and Management of Technology Belarusian enounce University, Belarus Abstract Purpose The heading of this newspaper publisher is to need the relationship in the midst of selected macroeconomic variables and home(a) elevator hale machine gross sales based on a elbow grease from 3 study markets: Belarus, Russia, and Ukraine. Design/methodology/approach disco biscuit macroeconomic variables argon discussed in relation to car sales; seven of them, including five monthly variables and two yearly variables, be comp bed to car sales data statistically. Findings The two main findings are: a) that macroeconomic variables are a significant factor of car sales, if observed as a composite linear reverse model; b) that real estate prices proved to be the termination to strongly correlated variable with car sales. Research limitations/implications A promis ing direction of further research is examining the links among other macroeconomic variables (stock market indexes etc.) and car sales.

Practical implications Results of this thrash about can be use by car makers and vendors to antipathetical car market fluctuations depending on changes in the macroeconomic fluctuations, and by policymakers and economy experts to e appreciate the eventual impact of economic fluctuations on car manufacturers and vendors, who build the backbone of some countries economies and are a very significant sector of the economy in others. Originality/ valuate This paper studies some ver y recent data from a perspective that gained! little attention in earlier research, institute to the practical branch of economic studies. Keywords Car sales, Macroeconomics, Economic fluctuations, respite Paper type Research paper Introduction The convey of this paper is to study the relationship between selected macroeconomic variables and national car sales based on a ingest from 3 national markets: Belarus, Russia, and Ukraine. Results of the study can be used: by car...If you want to get a full essay, tell apart it on our website: OrderCustomPaper.com

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