Advanced Search
MyIDEAS: Login

Explaining Tradable and Non-tradable Prices in the U.K

Contents:

Author Info

  • Melliss, C L
Registered author(s):

    Abstract

    A marked divergence in inflation rates between the tradable and nontradables sectors has been a feature of some European Union economies, notably Italy, Spain, and the United Kingdom, since the early 1980s. This paper sets out a theoretical framework, which treats as alternatives the assumptions that firms in the tradable sector are price-takers or imperfectly competitive. Sectoral differences in productivity, technology and earnings, international competitive pressures--perhaps linked to ERM membership, and government demand are reasons which theory suggests may account for these divergences. Empirical estimates of sectoral price equations are presented for the United Kingdom, using especially constructed RPI based series. Copyright 1996 by Blackwell Publishers Ltd and The Victoria University of Manchester

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by University of Manchester in its journal The Manchester School of Economic & Social Studies.

    Volume (Year): 64 (1996)
    Issue (Month): 3 (September)
    Pages: 241-68

    as in new window
    Handle: RePEc:bla:manch2:v:64:y:1996:i:3:p:241-68

    Contact details of provider:
    Postal: Manchester M13 9PL
    Phone: (0)161 275 4868
    Fax: (0)161 275 4812
    Web page: http://www.socialsciences.manchester.ac.uk/disciplines/economics/
    More information through EDIRC

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bla:manch2:v:64:y:1996:i:3:p:241-68. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.