THE DEMAND FOR CONSUMER DURABLES IN THE UNITED-KINGDOM IN THE INTERWAR PERIOD
成果类型：
Article; Proceedings Paper
署名作者：
BOWDEN, S; TURNER, P
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
DOI：
10.1017/S0022050700012894
发表日期：
1993
页码：
244-258
关键词：
摘要：
Distinct diffusion curves are identified by model type and significant differences in regional motor car ownership in the interwar U.K. economy. We assess the viability of applying mass production strategies such as Ford and General Motors pursued in America. Given the demand-side constraints present in the U.K. market, the price reductions made possible by the exploitation of economies of scale were insufficient to create a mass market. Hence, the relatively low levels of ownership achieved can be seen as a rational response to the constraints perceived by firms.