Demand for trucks in brazilan econometric approach

Resumo

The demand for trucks in Brazil has historically been an unusual choice for econometric analysis, resulting in a scarcity of studies on this subject, inconsistent with the economic relevance of road freight transport and its historical dominance over any other means of transport in the country. This paper addresses the demand for trucks in Brazil, making extensive use of secondary data in multiple linear regression models. Besides the choice of the subject itself, it innovates by including expectational variables to the analysis. In comparison to the surveyed studies on passenger car demand, further improvements were undertaken, as the split of GDP in sectors (agriculture, industry and services), the use of lagged variables, and a nineteen years long timeframe (from 1996 to 2015). The results deepen the knowledge about the truck market behaviour and allow an improvement of the quality of decision making in the truck industry.

Ficha do documento

Tipo

Outro

Ano

2018

Instituição

Fundação Getulio Vargas

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.fgv.br:10438/27732

Temas

EconomiaTransportes

Palavras-chave

Truck marketTruck demand in BrazilTruck salesCommercial cargo vehicles demandAutomotive industryAutomotive market analysisMultiple linear regressionEconometric modelExpectational variablesSector-sensitive demand for transportationEconomiaTransporte rodoviário de cargaModelos econométricosCaminhão