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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22142 |
来源ID | Working Paper 22142 |
Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers | |
Alberto F. Cavallo | |
发表日期 | 2016-04-04 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Online prices are increasingly being used for a variety of inflation measurement and research applications, yet little is know about their relation to prices collected offline, where most retail transactions take place. This paper presents the results of the first large-scale comparison of online and offline prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72% of the time for the products sold in both locations, with significant heterogeneity across countries, sectors, and retailers. The similarity is highest in electronics and clothing and lowest in drugstores and office-supply retailers. There is no evidence of online prices varying with the location of the ip address or persistent browsing habits. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for National Statistical Offices and researchers using online data, as well as those interested in the effect of the Internet on retail prices. |
主题 | Macroeconomics ; Business Cycles ; International Economics ; International Macroeconomics ; Industrial Organization ; Market Structure and Firm Performance |
URL | https://www.nber.org/papers/w22142 |
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/579815 |
推荐引用方式 GB/T 7714 | Alberto F. Cavallo. Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers. 2016. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22142.pdf(314KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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