The role of economic freedom in explaining penetration of consumer durables

The role of economic freedom in explaining penetration of consumer durables

This study examines the link between economic freedom (a measure of government intervention) and the penetration of three durable goods (televisions, radios and automobiles) across countries. After controlling for the influence of income, there is a significant relationship between greater amounts o...

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Veröffentlicht in:Journal of world business : JWB 1998, Vol.33 (1), p.69-86
Hauptverfasser: Ford, John B., Karande, Kiran W., Seifert, Bruce M.
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Banking
Black markets
Capital flow
Consumer behavior
Consumer goods
Consumers
Consumption
Corporate taxes
Durable goods
Economic policy
Energy consumption
Foreign investment
Free enterprise
Freedom
GDP
Gross Domestic Product
Income
Inflation
International business
International markets
International trade
Market penetration
Monetary policy
Price regulations
Private property
Property rights
Protectionism
Regulation
Studies
Tariffs
Tax rates
Taxation
Trade policy
Variables
Wage & price controls
Wages
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Beschreibung
Zusammenfassung:This study examines the link between economic freedom (a measure of government intervention) and the penetration of three durable goods (televisions, radios and automobiles) across countries. After controlling for the influence of income, there is a significant relationship between greater amounts of economic freedom and durable penetration for these three products. Practical implications are provided for both governments and global marketers.
ISSN:1090-9516
1878-5573
DOI:10.1016/S1090-9516(98)80005-9