Game Theoretic Analysis of the Turkish Automobile Industry: 1990-98

摘要

During the 1990s, the Turkish automobile industry had two main players: Renault and Tofas. In this paper, we use a structural econometric approach to evaluate the behavior of the two market leaders in the Turkish automobile industry during the 1990's. Our approach closely follows Gasmi, Laffont, and Voting's in their soft-drink industry study (Gasmi, F., Laffont, J.J., Voung Q.H. European Economic Review, 1990). This paper adds to the scope of the empirical industrial organization literature and presents the first empirical study of the Turkish automobile industry.