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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5878 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w5878 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
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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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5878.pdf(2570KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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