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An analysis of demand structures of Korean auto industry and policy effects

Author Park Sang-soo Date Page

○As policy to cut individual consumption tax of cars terminated last June 2016, it is urgently needed to study economic effects of consumption encouragement measures by government tax policy of the auto industry and to assess the policy.


○This study aims not only to study policy effects of the government but to provide analytic tools that are applicable to various studies, including welfare changes of economic players according to the changes of market structures and environments, for example, merger of businesses and a new product launch in the market, etc.