The effectiveness of car scrapping schemes in the Italian market

Romano, Antonio Angelo (author), Scandurra, Giuseppe (author)

The aim of this work is to examine the effectiveness of policies in support of the automotive industry that have taken place over the years and the link between car registration and consumer confidence. Firstly, through an intervention analysis, the series of total car registrations in Italy has been corrected for the effect of seasonality and incentives. Secondly, a Structural Vector Auto Regression model has been estimated in order to evaluate the effectiveness of the relationship between car registrations and consumersʼ confidence. The results show that policies in support of the automotive industry are useful if granted during an increasing economic trend. Otherwise they have no effect on sales of new vehicles.

• Language: English
• Work type: Not categorized
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Year: 2012
• Number of pages: Str. 175-190
• Numbering: Vol. 9, no. 2
• PID: 20.500.12556/RUL-45447
• UDC: 311
• ISSN on article: 1854-0023
• COBISS.SI-ID: 31771741
• Publication date in RUL: 10.07.2015

Record is a part of a journal

• Title: Advances in methodology and statistics
• Shortened title: Metodol. zv.
• Publisher: Fakulteta za družbene vede
• ISSN: 1854-0023
• COBISS.SI-ID: 215795712