About this product: This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on June 16, 2003. The length of the article is 877 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Sometimes, a great notion: random thoughts on parking meters, the recall campaign, and a union bully. (Our View). Author: John Hollon Publication:San Diego Business Journal (Magazine/Journal) Date: June 16, 2003 Publisher: CBJ, L.P. Volume: 24 Issue: 24 Page: 46(1)
About this product: WHAT IS LATENT DEMAND AND THE P.I.E.?
The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).
The latent demand for manufacturing totalizing fluid meters and counting devices, gas consumption meters, water consumption meters, parking meters, taxi meters, motor vehicle gauges, and fare collection equipment is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.
For reasons discussed later, this report does not consider the notion of “unit quantiti
About this product: This digital document is an article from Arkansas Business, published by Journal Publishing, Inc. on April 6, 1998. The length of the article is 621 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Harrison-based Duncan supplies meters worldwide. (parking meter supplier Duncan Industries in Harrison, Arkansas) Author: David Smith Publication:Arkansas Business (Magazine/Journal) Date: April 6, 1998 Publisher: Journal Publishing, Inc. Volume: v15 Issue: n14 Page: p19(1)
About this product: This digital document is an article from The Register-Guard (Eugene, OR), published by The Register Guard on February 3, 2010. The length of the article is 810 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
Citation Details Title: Man seeks jury in parking meter obstruction trial.(Courts)(City code violation cases are usually decided by a judge, but a local attorney says an advisory panel is needed) Author: Unavailable Publication:The Register-Guard (Eugene, OR) (Newspaper) Date: February 3, 2010 Publisher: The Register Guard Page: A1
About this product: This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on September 29, 2003. The length of the article is 842 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: San Diego faced with lawsuit over parking meter fees: biotech executive wins case involving a past divorce.(Law)(Harry Hixson Jr.) Author: Rene'e Beasley Jones Publication:San Diego Business Journal (Magazine/Journal) Date: September 29, 2003 Publisher: CBJ, L.P. Volume: 24 Issue: 39 Page: 22(1)
About this product: This digital document is an article from The Register-Guard (Eugene, OR), published by Thomson Gale on February 6, 2006. The length of the article is 627 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: New parking meters on UO campus expire.(Higher Education)(The university, after perpetual problems with the high-tech machines, removes them, making parking harder for visitors) Publication:The Register-Guard (Eugene, OR) (Newspaper) Date: February 6, 2006 Publisher: Thomson Gale Page: c1
About this product: This econometric study covers the world outlook for manufacturing totalizing fluid meters and counting devices, gas consumption meters, water consumption meters, parking meters, taxi meters, motor vehicle gauges, and fare collection equipment across more than 200 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the 230 countries of the world). This study gives, however, my estimates for the worldwide latent demand, or the P.I.E., for manufacturing totalizing fluid meters and counting devices, gas consumption meters, water consumption meters, parking meters, taxi meters, motor vehicle gauges, and fare collection equipment. It also shows how the P.I.E. is divided across the world's regional and national markets. For each country, I also show my estimates of how the P.I.E. grows over time (positive or negative growth). In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.
About this product: This report was created for global strategic planners who cannot be content with traditional methods of segmenting world markets. With the advent of a "borderless world", cities become a more important criteria in prioritizing markets, as opposed to regions, continents, or countries. This report covers the top 2000 cities in over 200 countries. It does so by reporting the estimated market size (in terms of latent demand) for each major city of the world. It then ranks these cities and reports them in terms of their size as a percent of the country where they are located, their geographic region (e.g. Africa, Asia, Europe, Middle East, North America, Latin America), and the total world market.
In performing various economic analyses for its clients, I have been occasionally asked to investigate the market potential for various products and services across cities. The purpose of the studies is to understand the density of demand within a country and the extent to which a city might be used as a point of distribution within its region. From an economic perspective, however, a city does not represent a population within rigid geographical boundaries. To an economist or strategic planner, a city represents an area of dominant influence over markets in adjacent areas. This influence varies from one industry to another, but also from one period of time to another.
In what follows, I summarize the economic potential for the world's major cities for "manufacturing totalizing fluid meters and counting devices, gas consumption meters, water consumption meters, parking meters, taxi meters, motor vehicle gauges, and fare collection equipment" for the year 2009. The goal of this report is to report my findings on the real economic potential, or what an economist calls the latent demand, represented by a city when defined as an area of dominant influence. The reader needs to realize that latent demand may or may not
About this product: This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on January 13, 1997. The length of the article is 939 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: Parking, homeless still top Downtown concerns: electric meters may ease some(Tourism) Author: Pat Broderick Publication:San Diego Business Journal (Magazine/Journal) Date: January 13, 1997 Publisher: CBJ, L.P. Volume: v18 Issue: n2 Page: p9(2)
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