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Prospects for the British Car Industry

Published online by Cambridge University Press:  26 March 2020

L.A. Dicks-Mireaux ,
C. St. J. O'Herlihy ,
R.L. Major ,
F.T. Blackaby  and
C. Freeman
L.A. Dicks-Mireaux
Affiliation:
National Institute
C. St. J. O'Herlihy
Affiliation:
National Institute
R.L. Major
Affiliation:
National Institute
F.T. Blackaby
Affiliation:
National Institute
C. Freeman
Affiliation:
National Institute
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Extract

This article looks at the prospects for the British car industry in 1965 and 1970. Inevitably an article of this kind, covering home and export markets, has to put forward figures with very varying degrees of probability. Some of the forecasts—such as the forecast of British home demand-have econometric backing; other figures, such as those of the possible British share in the world export market for cars in 1970, can in the nature of things be little more than illustrative percentages. Many of the guesses will certainly be wrong; the justification for making them is that any process of planning, whether by a company, an industry, or a country, requires some assumptions about the future.

Type
Articles
Information
National Institute Economic Review , Volume 17 , September 1961 , pp. 15 - 47
Copyright
Copyright © 1961 National Institute of Economic and Social Research

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References

Bibliography

The following is a selected list of recent books and articles relating to (i) studies specifically on motor cars, (ii) studies of ancillary interest, and (iii) foreign studies of motor cars.

(i) British studies on motor cars

Buchanan, C.D., Mixed blessing. The motor car in Britain, Leonard Hill, London, 1958.Google Scholar
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Cramer, J.S., ‘Private motoring and the demand for petrol’, Journal of the Royal Statistical Society, Vol. 122, Series A, part 3, 1959.Google Scholar
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Straw, K.H., ‘Consumers' net worth : the 1953 Savings Survey’, Bulletin of the Oxford University Institute of Statistics, Vol. 18, no. 1, Feb. 1956.Google Scholar
Bandeen, R.A., ‘Automobile consumption 1940-1950’, Econometrica, Vol. 25, no. 2, April 1957.CrossRefGoogle Scholar
Chow, G.C., The demand for automobiles in the United States, North-Holland Publishing Company, Amsterdam, 1957.Google Scholar
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Faure, H., ‘Un modèle prospectif du marché de l'automobile’, Consommation, Annales du C.R.E.D.O.C., no. 4, Oct.-Dec. 1959.Google Scholar
Houthakker, H.S. and Haldi, J., Household investment in automobiles, Department of Economics, Stanford University, Stanford, California, Nov. 2957 (mimeo).Google Scholar
Lisle, E. and Faure, H., ‘Les dépenses d'automobiles des ménages français’, Consommation, Annales du C.R.E.D.O.C., April-June, no. 2, 1959.Google Scholar
Morice, J., La demande d'automobiles en France, Armand Colin, Paris, 1957.Google Scholar
Nerlove, M., ‘A note on long-run automobile demand’, The Journal of Marketing, Vol. XXII, no. 1, July 1957.Google Scholar
Roos, C.F. and Szeliski, V. von, ‘Factors governing changes in domestic automobile demand’, in The dynamics of automobile demand, General Motors Corporation, New York, 1939.Google Scholar
Suits, D.B., ‘The demand for new automobiles in the United States 1929-56’, Review of Economics and Statistics, Vol. LX, no. 3, Aug. 1958.Google Scholar
Suits, D.B., ‘Exploring alternative formulations of automobile demand’, Review of Economics and Statistics, Vol. XLIII, no. 1, Feb. 1961.Google Scholar