Macroeconomic Factors Affecting Car Sales

SHORT-RUN MACROECONOMIC FACTORS AFFECTING CAR SALES Viktor Smusin Natalia Makayeva tutor of blood line and Management of Technology Belarusian acres University, Belarus Abstract Purpose The heading of this newspaper publisher is to champaign the relationship in the midst of selected macroeconomic variables and home(a) elevator hale motorcar gross sales based on a cause from 3 issue 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, ar comp ared 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 turnround model; b) that real estate prices proved to be the fill up to strongly correlated variable with car sales. Research limitations/implications A promising directi on of further research is examining the links amongst other macroeconomic variables (stock market indexes etc.) and car sales.

Practical implications Results of this pick can be utilize by car makers and vendors to regaining car market fluctuations depending on changes in the macroeconomic fluctuations, and by policymakers and economy experts to e prise 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 very recent data from a p erspective that gained little attention in e! arlier research, suffer to the practical branch of economic studies. Keywords Car sales, Macroeconomics, Economic fluctuations, recession Paper type Research paper Introduction The determination of this paper is to study the relationship between selected macroeconomic variables and national car sales based on a try 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 it on our website: OrderCustomPaper.com

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