| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7299 |
| DP7299 Public School Availability for Two-year Olds and Mothers' Labour Supply | |
| Dominique Goux; Eric Maurin | |
| 发表日期 | 2009-05-10 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | To what extent do national borders and national currencies impose costs that segment markets across countries? To answer this question we use a dataset with product level retail prices and wholesale costs for a large grocery chain with stores in the U.S. and Canada. We develop a model of pricing by location and employ a regression discontinuity approach to estimate and interpret the border effect. We report three main facts: 1) The median absolute retail price and whole-sale cost discontinuity between adjacent stores on either side of the U.S.-Canada border is as high as 21%. In contrast, within-country border discontinuity is close to 0%; 2) The variation in the retail price gap at the border is almost entirely driven by variation in wholesale costs, not by variation in markups; 3) The border gap in prices and costs co-move almost one to one with changes in the U.S.-Canada nominal exchange rate. We show these facts suggest that the price gaps we estimate provide only a lower bound on border costs. |
| 主题 | International Macroeconomics |
| 关键词 | Barcode data Border effect Law of one price Market segmentation |
| URL | https://cepr.org/publications/dp7299 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536135 |
| 推荐引用方式 GB/T 7714 | Dominique Goux,Eric Maurin. DP7299 Public School Availability for Two-year Olds and Mothers' Labour Supply. 2009. |
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