International Price Differences in Ski Lift Tickets
AbstractThis paper provides empirical evidence on international price differences in ski lift tickets based on 214 ski areas in Austria, France, and Switzerland for the winter season 2010/2011. We find that French and Austrian one-day lift tickets (net of VAT) are an average of 17 and 7 per cent lower, respectively, than Swiss ticket prices after controlling for ski areas' characteristics. The results of quantile regressions show that the magnitude of the international price differences is quite similar for low- and high-priced ski areas. Furthermore, price differences across countries do not increase with distance to the nearest border ski area.
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Bibliographic InfoArticle provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.
Volume (Year): 147 (2011)
Issue (Month): III (September)
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International price differences; ski areas; quality characteristics; quantile regressions;
Find related papers by JEL classification:
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- F3 - International Economics - - International Finance
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
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- Alessandrini, Sergio, 2012. "Quality of ski resorts and competition between the Emilian Apennines and Altipiani Trentini. An estimate of the hedonic price," MPRA Paper 37237, University Library of Munich, Germany, revised 02 Feb 2012.
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