Parallel Imports and Music CD Prices

Yeh-ning Chen and Ivan Png
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Yeh-ning Chen: National Taiwan Univ

International Trade from University Library of Munich, Germany

Abstract: Parallel imports are a significant academic and policy issue. Official investigations into the impact of parallel imports on music CD prices have reached widely conflicting conclusions. This note reports an event study on an international panel of changes in copyright law to permit or disallow parallel imports. The study shows that, on average, legalization of parallel imports was associated with a 7.2–7.9% reduction in the retail price of music CDs.

Keywords: gray market; pricing (search for similar items in EconPapers)
JEL-codes: F12 F23 L13 M30 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2004-01-27
Note: Type of Document - ; pages: 12
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpit:0401005

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