The law of a single price and inflation differences in Russian regions

Закон единой цены и различия инфляции в российских регионах

Dobronravova, Elizaveta (Добронравова, Елизавета) (), Yury Perevyshin () and Shemyakina, Kira (Шемякина, Кира) ()
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Dobronravova, Elizaveta (Добронравова, Елизавета): The Russian Presidential Academy of National Economy and Public Administration
Shemyakina, Kira (Шемякина, Кира): The Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: We examined the implementation of the law of one price in Russian regions, highlighted the factors affecting the differences in regional price levels and identified the causes of inflation differentiation across different regions. We also defined threshold of regional prices, which triggers market forces, causing the alignment of regional prices. The study shows that the law of one price in Russian regions fails for most goods.

Pages: 64 pages
Date: 2019-04
New Economics Papers: this item is included in nep-cis, nep-mon and nep-tra
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