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Prospects for the British Car Industry

Published online by Cambridge University Press:  26 March 2020

L.A. Dicks-Mireaux
Affiliation:
National Institute
C. St. J. O'Herlihy
Affiliation:
National Institute
R.L. Major
Affiliation:
National Institute
F.T. Blackaby
Affiliation:
National Institute
C. Freeman
Affiliation:
National Institute

Extract

This article looks at the prospects for the British car industry in 1965 and 1970. Inevitably an article of this kind, covering home and export markets, has to put forward figures with very varying degrees of probability. Some of the forecasts—such as the forecast of British home demand-have econometric backing; other figures, such as those of the possible British share in the world export market for cars in 1970, can in the nature of things be little more than illustrative percentages. Many of the guesses will certainly be wrong; the justification for making them is that any process of planning, whether by a company, an industry, or a country, requires some assumptions about the future.

Type
Articles
Copyright
Copyright © 1961 National Institute of Economic and Social Research

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References

Bibliography

The following is a selected list of recent books and articles relating to (i) studies specifically on motor cars, (ii) studies of ancillary interest, and (iii) foreign studies of motor cars.

(i) British studies on motor cars

Buchanan, C.D., Mixed blessing. The motor car in Britain, Leonard Hill, London, 1958.Google Scholar
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Nerlove, M., ‘A note on long-run automobile demand’, The Journal of Marketing, Vol. XXII, no. 1, July 1957.Google Scholar
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Suits, D.B., ‘The demand for new automobiles in the United States 1929-56’, Review of Economics and Statistics, Vol. LX, no. 3, Aug. 1958.Google Scholar
Suits, D.B., ‘Exploring alternative formulations of automobile demand’, Review of Economics and Statistics, Vol. XLIII, no. 1, Feb. 1961.Google Scholar