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http://dx.doi.org/10.5351/CKSS.2010.17.6.767

Passenger Car Demand and Polarized Economic Development in Korea  

Kim, Hyun-Chul (Department of Informatics and Statistics, Kunsan National University)
Publication Information
Communications for Statistical Applications and Methods / v.17, no.6, 2010 , pp. 767-777 More about this Journal
Abstract
This paper investigates the relationship between the passenger car demand and business activities in the OECD. The positively linear relationships changed suddenly since 1990 and the reason was thought to be the polarized economic development of USA and Japan. The cases of other countries supports this conclusion. According to the conclusion, we modeled and estimated the car demand function of Korea.
Keywords
Polarized economic development; passenger car demand function; poverty rate; poverty gap;
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