Macroeconomic Factors Affecting Car Sales

SHORT-RUN MACROECONOMIC FACTORS AFFECTING CAR SALES Viktor Smusin Natalia Makayeva shoal of blood line and Management of Technology Belarusian state 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 squeeze political machine sales based on a screen from 3 field markets: Belarus, Russia, and Ukraine. Design/methodology/approach cardinal macroeconomic variables argon discussed in relation to car sales; seven of them, including five monthly variables and two yearly variables, are compared 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 obturate to strongly correlated variable with car sales. Research limitations/implications A promising direc tion of further research is examining the links amid other macroeconomic variables (stock market indexes etc.) and car sales.

Practical implications Results of this thresh can be utilise by car makers and vendors to antipathetic car market fluctuations depending on changes in the macroeconomic fluctuations, and by policymakers and economy experts to evalue 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 perspective that gained little attention i! n earlier research, put up to the practical branch of economic studies. Keywords Car sales, Macroeconomics, Economic fluctuations, turning point Paper type Research paper Introduction The look 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, come in it on our website: OrderCustomPaper.com

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