THE INFLUENCE OF ECONOMIC INDICATORS AND GASOLINE PRICE ON CHINESE AUTOMOBILE DEMAND

摘要

This study attempts to analyze the determinants of Chinese automobile demand. We develop a model by using regression analysis to empirically examine monthly data from January, 2001 to June, 2008. The results show that the factors influencing the Chinese demand for automobiles are the price index of gasoline, lending rate, leading indicator, coincident indicator and lagging indicator in the context of the time examined in this work. The results also show that the lending rate and coincident indicator are statistically significant in determing Chinese automobile demand.