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Car demand modelling in the Czech Republic
Rückl, Adam ; Pertold-Gebicka, Barbara (advisor) ; Čech, František (referee)
The main purpose of this thesis is to construct a model of passenger cars demand and estimate it using data on new car registrations from the Czech Republic. The constructed model takes into account factors affecting not only the demand, but also the supply, as both of these variables form a simultaneous equations system. In order to estimate the model consistently, the econometric theory of simultaneous equations model is presented. At first the basic notations are introduced, the inconsistency of ordinary least squares estimates is proved and consistent methods of estimation are described, notably the two stage least squares and the indirect least squares methods. Observation of the data suggests that new passenger cars registrations in the Czech Republic were influenced by a specific taxation policy, which up to April 2009 did not allow the value added tax deduction in case of passenger cars. A large proportion of passenger cars were therefore registered as light utility vehicles. This fact has to be taken into account when studying the passenger cars demand. Results of the estimation by the two stage least squares method showed that the demand for new passenger in the Czech Republic is elastic in price and income. Significant sensitivity of the demand was observed also with respect to used cars...
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Factors affecting demand for passenger cars in the Czech Republic, focusing on alternative fuel vehicles
BROMOVÁ, Michaela
The automotive industry is one of the key industries in the Czech Republic. The aim of this work is to identify and analyse the factors of demand for alternative fuel vehicles in the country. Initial presumptions are based on the existing economic theory as well as on the author´s own speculation. The first part is devoted to the demand - a description of the general characteristics and influencing factors. The second part focuses on the specifics of the demand in the passenger car market and analysis of the factors influencing the demand for cars in the Czech Republic. The statistical methods will be used to analyse and evaluate these factors. The analysed data represent time series data which are adjusted to the thesis needs by means of proper methods. The conclusion evaluates the effects of the factors on the demand.
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Car demand modelling in the Czech Republic
Rückl, Adam ; Pertold-Gebicka, Barbara (advisor) ; Čech, František (referee)
The main purpose of this thesis is to construct a model of passenger cars demand and estimate it using data on new car registrations from the Czech Republic. The constructed model takes into account factors affecting not only the demand, but also the supply, as both of these variables form a simultaneous equations system. In order to estimate the model consistently, the econometric theory of simultaneous equations model is presented. At first the basic notations are introduced, the inconsistency of ordinary least squares estimates is proved and consistent methods of estimation are described, notably the two stage least squares and the indirect least squares methods. Observation of the data suggests that new passenger cars registrations in the Czech Republic were influenced by a specific taxation policy, which up to April 2009 did not allow the value added tax deduction in case of passenger cars. A large proportion of passenger cars were therefore registered as light utility vehicles. This fact has to be taken into account when studying the passenger cars demand. Results of the estimation by the two stage least squares method showed that the demand for new passenger in the Czech Republic is elastic in price and income. Significant sensitivity of the demand was observed also with respect to used cars...
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Faktory ovlivňující poptávku po osobních automobilech v ČR
ČURILLOVÁ, Michaela
The bachelor thesis investigates factors which influence the demand for passenger cars in the Czech Republic. The theoretical part of this work is focused on basic terms and determinants which are important for the demand. Further it describes particular statistical methods, which are used for the analysis. The practical part contains the introduction to the automotive industry and the description of specific attributes of the demand for passenger cars. This part analyses factors which may have an effect on the demand for passenger cars in the Czech Republic. The main factors and the dependence are explained by applying econometric methods. Analyzing reveals these important factors: number of registrations of passenger cars, consumer prices of new and used passenger cars, consumer prices of fuel, population and income.The conclusion contains the summary of impacts on the specific demand.
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Use leasing to finance the purchase of cars
Rymešová, Kateřina ; Kavka, Miroslav (advisor) ; Mimra, Miroslav (referee)
The aim of this bachelor thesis is to present a detailed study about different ways of financing a purchase of a car, focusing on leasing. The work is divided into two parts. The first, and more extensive one, is called literary research and is focusing on theoretical solutions. The main aspects in this part are an elaborate description of the problem, the history of leasing and its types. The thesis also contains an indicator of economic efficiency of investments and financial analysis. The second part is all about the practical side of the matter. Hence, there is an emphasis on comparing all the basic types of leasing operations and credit in practice.
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Analysis of Marketing Communications Carmakers on the Czech Media Market
Joukl, Jiří ; Novák, Michal (advisor) ; Haucková, Marta (referee)
The aim of this master thesis is to describe advertising, media planning, media and czech automotive market. Then will be analyzed automobile advertising in Czech Republic in 2013 on television, radio and in press. Generally characterize ads on the mass media market and find out how these media are used and identify their differences. The conclusion will be focused on the first five automotive brands according to the order in the market and determine promotion planning on their individual models. To this analysis will be used descriptive statistics.
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