Abstract
Several sales models for a consumer’s goods manufacturer firm are developed and tested. A panel data approach is used to model aggregate sales across three countries, using mainly price and trade investment. We show how useful can be different panel data models to understand sales across relatively heterogeneous markets, by comparing the fixed effects model, the IV model, and the dynamic panel data model. We also use a simultaneous equation framework to investigate further relations among the variables. The main conclusion is that price and trade investment are the main determinants explaining sales in this sector.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
