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来源类型Working Paper
规范类型报告
DOI10.3386/w26506
来源IDWorking Paper 26506
The Impact of E-Commerce on Relative Prices and Consumer Welfare
Yoon J. Jo; Misaki Matsumura; David E. Weinstein
发表日期2019-12-02
出版年2019
语种英语
摘要This paper examines the impact of e-commerce on pricing behavior and welfare. Using Japanese data, we find that the entry of e-commerce firms significantly raised the rate of intercity price convergence for goods sold intensively online, but not for other goods. E-commerce also lowered relative inflation rates for goods sold intensively online. We overcome data challenges using long data series and historical catalog sales as an instrument for e-commerce sales intensity. We estimate that reductions in price dispersion raised welfare by 0.3 percent. E-commerce also lowered variety-adjusted prices on average by 0.9 percent, and more in cities with highly educated populations.
主题International Economics ; Trade ; Industrial Organization ; Industry Studies ; Regional and Urban Economics ; Real Estate
URLhttps://www.nber.org/papers/w26506
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584179
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Yoon J. Jo,Misaki Matsumura,David E. Weinstein. The Impact of E-Commerce on Relative Prices and Consumer Welfare. 2019.
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