Access the full text.
Sign up today, get DeepDyve free for 14 days.
R. Carlson (1978)
Seemingly Unrelated Regression and the Demand for Automobiles of Different Sizes, 1965-75: A Disaggregate ApproachThe Journal of Business, 51
Å. Blomqvist, W. Haessel (1978)
Small Cars, Large Cars, and the Price of GasolineCanadian Journal of Economics, 11
Hoffer Hoffer, Wynne Wynne (September 1976)
Auto Recalls: Do They Affect MarketshareApplied Economics, 8
Sherman Sherman, Hoffer Hoffer (September 1971)
Does Auto Style Change PayoffApplied Economics, 3
R. Sherman, G. Hoffer (1971)
Does Automobile Style Change PayoffApplied Economics, 3
Over the last decade a new shift variable has entered the consumer's demand function for goods: the product recall. While products recalled have included everything from baby formula to baby beds, little analysis has appeared which estimates the impact, if any, that the recall has on the demand for the specific product. Since unbiased information about product quality is not generally reported in the popular media, consumers may perceive the recall as a proxy for low quality and react accordingly. This demand impact may not be limited to the specific brand of the product recalled, but may also extend to other products carrying the same brand, to other products of the manufacturer and even to similar products (substitutes) of other manufacturers. The product which has become heavily identified with the recall is the automobile. This paper will analyze what impact, if any, recalls have on automobile demand - firstly, on the demand for the specific model recalled (e.g., Ford Pinto); secondly, on the demand for other models of the same make (e.g., all other Fords); and finally on the demand for similar models of other manufacturers (substitutes) (e.g., AMC GremlinSpirit, Chevrolet Vega-Monza-Chevette,etc.) The National Traffic and Motor Vehicle
Economic Inquiry – Wiley
Published: Oct 1, 1981
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.