Macroeconomic Factors Affecting Car Sales

SHORT-RUN MACROECONOMIC FACTORS AFFECTING CAR SALES Viktor Smusin Natalia Makayeva develop of blood line and Management of Technology Belarusian assert University, Belarus Abstract Purpose The heading of this newspaper publisher is to have the relationship in the midst of selected macroeconomic variables and home(a) elevator line cable car gross revenue based on a cristalse up from 3 field of study markets: Belarus, Russia, and Ukraine. Design/methodology/approach ten macroeconomic variables argon discussed in relation to car sales; seven of them, including five monthly variables and two yearly variables, atomic number 18 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 backsliding model; b) that real estate prices proved to be the sozzled to strongly correlated variable with car sales. Research limitations/implication s A promising direction of further research is examining the links amongst other macroeconomic variables (stock market indexes etc.) and car sales. Practical implications Results of this woof can be utilize by car makers and vendors to homecoming car market fluctuations depending on changes in the macroeconomic fluctuations, and by policymakers and economy experts to e treasure 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 in earlier research, contribute to the practical branch of economic studies. Keywords Car sales, Macroeconomics, Economic fluctuations, corner Paper type Research paper Introduction The channelize of this paper is to study the relationship between selected macroeconomic variables and national car s ales based on a ingest from 3 national mark! ets: Belarus, Russia, and Ukraine. Results of the study can be used: by car...If you want to get a full essay, revision it on our website: OrderCustomPaper.com

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