One TV, One Price?

Jean Imbs, Haroon Mumtaz, Morten Ravn and Helene Rey
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Haroon Mumtaz: Birkbeck College [University of London]

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Abstract: We study television prices across European countries and regions. Quality as measured by observable characteristics of televisions accounts for a large share of the international dispersion in prices. Rich economies tend to consume higher-quality goods, but sizeable international price differentials exist even for identical televisions. The valuation of brands differs significantly across borders. EMU countries display lower price dispersion but not necessarily because of the single currency. Absolute price differentials and relative price volatility increase with exchange rate volatility, but not with transport costs. Exchange rate pass-through is low in the short run but high in the long run.

Keywords: International and regional price differences; border effect; brand perception (search for similar items in EconPapers)
Date: 2010-12
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Citations: View citations in EconPapers (37)

Published in Scandinavian Journal of Economics, 2010, 112 (4), pp.753-781. ⟨10.1111/j.1467-9442.2010.01631.x⟩

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Related works:
Journal Article: One TV, One Price? (2010)
Working Paper: One TV, One Price? (2010)
Working Paper: One TV, One Price? (2010)
Working Paper: One TV, One Price? (2009)
Working Paper: One TV, One Price? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00612524

DOI: 10.1111/j.1467-9442.2010.01631.x

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