Simultaneous Determination of Market Share and Advertising Expenditure Under Dynamic Conditions: the Case of a Firm Within the Japanese Pharmaceutical Industry
Year: 1971
Type: preprint
Abstract: The main objective of this model is to analyse the simultaneous determination of market share and advertising expenditure under dynamic conditions. The authors' empirical analysis is applied to the case of the Eisai Company within the Japanese pharmaceutical industry from 1959 to 1969. Although the model is limited to this particular company and industry, the theoretical formulations and estimation techniques together with the particular distributed lag used may be usefully applied to other cases.
Authors: Hiroki Tsurumi, Yoshi Tsurumi
Institutions: Queen's University, Queens University
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3124513979
