全球智库信息集成服务系统(G2TT): DP15031 Are Online Markets More Integrated than Traditional Markets? Evidence from Consumer Electronics

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP15031
	DP15031 Are Online Markets More Integrated than Traditional Markets? Evidence from Consumer Electronics
	Frank Verboven; Nestor Duch-Brown; André Romahn; Lukasz Grzybowski
发表日期	2020-07-10
出版年	2020
语种	英语
摘要	Did the Internet make international markets more integrated? To address this question, we study long-term international price differences and their speed of convergence, based on a unique data base for identical goods sold in both online and traditional ``brick-and-mortar'' distribution channels, covering ten European countries. We find that long-term international price differences are closely comparable between both distribution channels. Furthermore, international price differences converge only slightly faster online than offline, and the differences in the international price differences between online and offline converge at a very fast rate. Finally, regardless of the distribution channel, long-term price differences are lower and converge faster within the same currency union. Our findings imply that online markets are currently not more integrated than traditional markets.
主题	Industrial Organization ; International Trade and Regional Economics
关键词	International price differences International price convergence Difference-in-difference convergence market integration E-commerce
URL	https://cepr.org/publications/dp15031
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/543981
推荐引用方式 GB/T 7714	Frank Verboven,Nestor Duch-Brown,André Romahn,et al. DP15031 Are Online Markets More Integrated than Traditional Markets? Evidence from Consumer Electronics. 2020.