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Author
Doligalski Tymoteusz (Warsaw School of Economics, Poland), Tomczyk Emilia (Warsaw School of Economics, Poland)
Title
Nowcasting New Car Registrations with Google Search Data and Car Manufacturers' Website Traffic
Source
Przedsiębiorczość i Zarządzanie, 2016, t. 17, z. 10, cz. 2, s. 147-154, tab., bibliogr. 8 poz.
Entrepreneurship and Management
Issue title
Zarządzanie w dobie ograniczonego zaufania
Keyword
Wyszukiwarki internetowe, Witryny internetowe, Rynek samochodowy
Internet search engine, Internet websites, Car market
Note
summ.
Company
Google Inc.
Abstract
The purpose of this paper is an attempt to nowcast (here: to predict in a short time horizon) new car registrations in Poland based on data of Google search queries and website traffic of car manufacturers. The study covers 47 monthly observations for six automotive makes. The strongest explanatory power is exhibited by the autoregressive component (number of registrations lagged one month), followed by the number of search queries. The website traffic of car manufacturers significantly influences the number of registrations in two out of six cases. (original abstract)
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Bibliography
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  2. Bańbura M., Giannone D., Modugno M., Reichlin L. (2013), Now-Casting and the Real-Time Data Flow, Working Papers, European Central Bank, no. 1564.
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  6. Schmidt T., Vosen S. (2009), Forecasting Private Consumption: Survey-based Indicators vs. Google Trends, "Ruhr Economic Papers", 155.
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  8. Tomczyk E., Doligalski T. (2015), Predicting New Car Registrations: Nowcasting with Google Search and Macroeconomic Data [in:] Sł. Partycki (ed.), E-społeczeństwo w Europie Środkowej i Wschodniej. Teraźniejszość i perspektywy rozwoju, Wydawnictwo KUL, Lublin, 228-236.
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ISSN
1733-2486
Language
eng
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