Question
$20.00 convergence of car prices in euro zone
- From Mathematics: Statistics
- Closed, but you can still post tutorials
- Due on Jun. 14, 2012
- Asked on Jun. 11, 2012 at 09:34:42AM
Q:
I ALSO NEED A TIME SERIES ANALYSIS OF CAR PRICE CHANGES IN EUROPEAN UNION COUNTRIES. IT COULD BE ANY 5 OR 10 YEAR PERIOD. PLS INTERPRET THE SPSS NUMBERS.
YOU CAN FIND THE DATA IN http://ec.europa.eu/competition/sectors/motor_vehicles/prices/report.html
NO PLAGIARISM PLS!!! PLS LIST ALL YOUR REFERENCES.
A:
Preview: ... rebates, VAT and registration taxes) increased by only 0.3%, against a 2.8% rise in overall consumer prices, translating into a remarkable fall in real car prices by 2.5%.
A total of 24 EU countries recorded a fall in real car prices (see Table 1). Â Prices were stable in another two countries (+0.2% in both Italy and Malta) while they increased in Portugal (+2.6%). In the latter case, however, it should be noted that buyers benefited from a greater-then-average fall in real car prices the previous year (-6.7%).
The fall in real prices was particularly marked in Slovakia (-17.4%), Bulgaria (-13.5%), Slovenia (-11.6%) and the Czech Republic (-9.0%). In Poland they decreased by 5.6%. Among the large markets, real prices decreased most notably in the UK (‑3.7%), while Germany, Spain and France experienced more moderate price reductions (-1.9%, -1.6% and -0.9% respectively).
The fall in real car prices across the EU continues a trend observed for more than a decade, which indicates that competition between car manufactu ...
The full tutorial is about 668 words long .