The demand for cars of different sizes in Belgium - A market share approach

Abstract

The paper focuses upon the modelisation of car demand structure. A market share model of car demand structure by size classes is defined and estimated for Belgian data for the period 1972-1986. The effect of various variables on market share evolution is calculated. A distinction is made between the effect on total demand and the effect on demand structure. A number of scenarios of future economic evolution are presented and the resulting new car demand and demand structure are calculated.