G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w5878
来源IDWorking Paper 5878
The Segmentation of International Markets: Evidence from The Economist
Michael M. Knetter
发表日期1997
出版年1997
语种英语
摘要This paper studies the behavior of newsstand prices for The Economist magazine in eight markets. Substantial variations in markups across markets are related to exchange rate fluctuations. Some of this variation can be traced to menu costs. However, much of the variation appears to result from intentional price discrimination across three regions: the U.S., the U.K., and Continental Europe and Scandinavia. Differences in demand elasticities can plausibly be attributed to differences in preferences and the set of competing products across markets. Segmentation of the markets is facilitated by the time-sensitive nature of the product which makes arbitrage very costly.
主题International Economics ; Trade ; International Finance
URLhttps://www.nber.org/papers/w5878
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563372
推荐引用方式
GB/T 7714
Michael M. Knetter. The Segmentation of International Markets: Evidence from The Economist. 1997.
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