Variety, price and quality in the South African automotive industry (2000-2009)

This paper will investigate whether the predictions of the Krugman [1979] monopolistic competition model, the Melitz [2003] model and models of vertical product differentiation hold true for the developments in the South African automotive industry for the period 2000 to 2009. A new and highly disaggregated dataset of car prices and car sales is used, listing 2252 car varieties. It is found that while car varieties have increased on aggregate, trends in the growth of car varieties differ at a more disaggregated level.

Grantor dc:publisher.institution

School of Economics

Year dc:date.issued

2011

Author dc:creator

• Teladia, Mishkah

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/11427/11471

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/11471