An Analysis Of International Price Differentials On Ebay
Abstract"Online auction sites like eBay provide ways to measure what consumers buy and how much they pay. Does this imply that consumers pay similar prices, irrespective of their location? Comparing prices for homogeneous, tradable goods in the euro area and the United Kingdom, we find that prices differ significantly. The differential is not related to countries' having different currencies. However, price dispersion-the variance of prices-does seem to be smaller if two countries share a common currency. Our results confirm the importance of national borders in explaining price differences and their magnitude is related to (not) sharing a common currency." ("JEL" E30, E31, E50, F40) Copyright (c) 2009 Western Economic Association International.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Contemporary Economic Policy.
Volume (Year): 28 (2010)
Issue (Month): 3 (07)
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Find related papers by JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
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- Liu, Kang Ernest & Shiu, Ji-Liang & Sun, Chia-Hung, 2013. "How different are consumers in Internet auction markets? Evidence from Japan and Taiwan," Japan and the World Economy, Elsevier, Elsevier, vol. 28(C), pages 1-12.
- K.C. Fung & Alicia Garcia-Herrero & Francis Ng, 2013.
"International Price Dispersion and Market Segmentation in Japan and the United States : Theory and Empirics,"
Microeconomics Working Papers
23410, East Asian Bureau of Economic Research.
- Fung, Kwok-Chiu & Garcia-Herrero, Alicia & Ng, Francis, 2013. "International Price Dispersion and Market Segmentation in Japan and the United States: Theory and Empirics," ADBI Working Papers, Asian Development Bank Institute 417, Asian Development Bank Institute.
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