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    One TV, one price?*

    Imbs, J.M. and Mumtaz, Haroon and Ravn, M.O. and Rey, H. (2010) One TV, one price?*. Scandinavian Journal of Economics 112 (4), pp. 753-781. ISSN 0347-0520.

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    Abstract

    We study television prices across European countries and regions. Quality as measured by observable characteristics of televisions accounts for a large share of the international dispersion in prices. Rich economies tend to consume higher-quality goods, but sizeable international price differentials exist even for identical televisions. The valuation of brands differs significantly across borders. EMU countries display lower price dispersion but not necessarily because of the single currency. Absolute price differentials and relative price volatility increase with exchange rate volatility, but not with transport costs. Exchange rate pass-through is low in the short run but high in the long run.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): International and regional price differences, border effect, brand perception
    School: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Administrator
    Date Deposited: 10 Dec 2014 14:07
    Last Modified: 10 Dec 2014 14:07
    URI: https://eprints.bbk.ac.uk/id/eprint/11266

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