Year of Publication

2006

Document Type

Thesis

College

Agriculture

Department

Agricultural Economics

First Advisor

David Freshwater

Abstract

A simultaneous demand and supply model for the U.S. ski/wakeboard boat market is estimated by three-stage least squares and iterated three-stage least squares methods using publicly available data. The model is used to test if, and to what extent, certain factors impact the annual quantity of new ski/wakeboard boats demanded and supplied. Statistical analysis suggests that the model does a good job of explaining the annual quantity of new ski/wakeboard boats demanded and supplied. The findings are most immediately beneficial to manufacturers and dealers. Dealers can use the results to better forecast demand which in turn will lead to more efficient production planning for manufacturers.

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