Gas Prices and Automobile Advertising Expenditures in U.S. Markets

dc.contributor.author

Chang, Chenyu Janet

dc.date.accessioned

2009-09-15T19:29:07Z

dc.date.available

2009-09-15T19:29:07Z

dc.date.issued

2009

dc.department

Economics

dc.description.abstract

I examine how automobile manufacturers change their advertising strategies when gasoline prices rise. In particular, I use a robust OLS regression to estimate how gasoline prices affect advertising expenditures on vehicles with different levels of MPG. I use detailed data from the ACCRA Cost of Living Index, Adspender, and Polk's NVPP. My results show that automakers shift their advertising expenditures toward vehicles with higher MPG in response to higher gas prices. Fuel-efficient vehicles in large and luxury segments are more likely to be advertised in response to rising gas prices than those in the midsize segment.

dc.format.extent

145980 bytes

dc.format.mimetype

application/pdf

dc.identifier.uri

https://hdl.handle.net/10161/1381

dc.language.iso

en_US

dc.title

Gas Prices and Automobile Advertising Expenditures in U.S. Markets

dc.type

Honors thesis

Files