| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w16233
|
| 来源ID | Working Paper 16233
|
| Income Differences and Prices of Tradables: Insights from an Online Retailer |
| Ina Simonovska
|
| 发表日期 | 2010-07-27
|
| 出版年 | 2010
|
| 语种 | 英语
|
| 摘要 | I study the positive relationship between prices of tradable goods and per-capita income. I develop a highly tractable general equilibrium model of international trade with heterogeneous firms and non-homothetic consumer preferences that positively links prices of tradables to consumer income. Guided by the model’s testable prediction, I estimate the elasticity of price with respect to per-capita income from a unique dataset that I construct, which features prices of 245 identical goods sold in 29 European, Asian, and North American markets via the Internet by Spain’s second largest apparel manufacture—Mango. I find that doubling a destination’s per-capita income results in an 18% increase in the price of identical items sold there. Per-capita income differences account for a third, while shipping cost differences can explain up to a third of the cross-country price variations of identical items purchased via the Internet by consumers who do not take advantage of quantity discounts. The price elasticity estimates compare favorably to estimates that I obtain from a standard dataset that features prices across retail locations around the world, suggesting that variable mark-ups play a key role in accounting for observed cross-country differences in prices of tradables. |
| 主题 | Macroeconomics
; Business Cycles
; International Economics
; Trade
; Industrial Organization
; Market Structure and Firm Performance
|
| URL | https://www.nber.org/papers/w16233
|
| 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/573908
|
推荐引用方式
GB/T 7714 |
Ina Simonovska. Income Differences and Prices of Tradables: Insights from an Online Retailer. 2010.
|
|
文件名：
|
w16233.pdf
|
|
格式：
|
Adobe PDF
|
此文件暂不支持浏览
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
