Price convergence in the EU: What can we learn from the car market?

Georg Strasser

Research Bulletin, 2018, vol. 46

Abstract: The dispersion of prices between Member States of the European Union (EU) is a popular indicator of the economic integration of the internal market. Car prices in the EU converged from the 1990s until the year 2003, after which this development ceased. The remaining price dispersion between countries is systematically linked to product features, reflecting manufacturer pricing-to-market. JEL Classification: F15, F31, L11, L62, D22

Keywords: arbitrage; border effect; European car market; international price dispersion; law of one price; market segmentation (search for similar items in EconPapers)
Date: 2018-05
Note: 1137785
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Citations: View citations in EconPapers (2)

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