| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9586 |
| DP9586 Evaluating the law of one price using micro panel data | |
| Laurent Gobillon | |
| 发表日期 | 2013-08-11 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions. The data record all transactions between vessels and wholesalers that occur on local fish markets in France during the year 2007. Spatial disparities in fish prices are sizable, even after fish quality, time, seller and buyer unobserved heterogeneity have been taken into account. The price difference between local fish markets can be explained to some extent by distance, but mostly by a coast effect (analogous to a border effect in the literature on the law of one price) related to separate location on the Atlantic and Mediterranean coasts. In particular, fish and crustacean prices are 34% higher on the Mediterranean coast. The law of one price is verified for almost all species when considering only local fish markets on the Atlantic coast. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Fish Commodity price Local markets Panel data |
| URL | https://cepr.org/publications/dp9586 |
| 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/538422 |
| 推荐引用方式 GB/T 7714 | Laurent Gobillon. DP9586 Evaluating the law of one price using micro panel data. 2013. |
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