What determines the number of cars? - Körner von Almasy, Michael
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The car industry in the Czech Republic is one of the most important manufacturing industries. It employes a vast number of people and it also creates a relatively significant part of the Czech gross domestic product and the Czech export. Regarding its importance in the Czech economy, this article tries to identify and explain factors determining the number of cars in the economy. In order to achieve it, a regression function is modeled using several variables. The basic variables as income, car prices, substitutes as public transportation, complements as fuel or roads are incorporated in the function as well as other determinants.…mehr

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Produktbeschreibung
The car industry in the Czech Republic is one of the most important manufacturing industries. It employes a vast number of people and it also creates a relatively significant part of the Czech gross domestic product and the Czech export. Regarding its importance in the Czech economy, this article tries to identify and explain factors determining the number of cars in the economy. In order to achieve it, a regression function is modeled using several variables. The basic variables as income, car prices, substitutes as public transportation, complements as fuel or roads are incorporated in the function as well as other determinants.
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Autorenporträt
Michael von Almasy (* 1987) terminó su carrera de economía en la Universidad de Economía de Praga y actualmente sigue estudiando una licenciatura conjunta de cuatro universidades: Finanzas y Contabilidad para la Europa Común. Está influenciado por la Escuela Austriaca de Economía (von Hayek, von Mises), Gary Becker y por sus opiniones religiosas católicas.