IDEAS home Printed from https://ideas.repec.org/p/ecb/ecbops/2011128.html
   My bibliography  Save this paper

Structural features of distributive trades and their impact on prices in the euro area

Author

Listed:
  • Kivistö, Jarkko
  • Bardet-Fremann, Pierre-Michel
  • Panagiotou, Stelios
  • Vladova, Zornitsa
  • Tsalinski, Tsvetan
  • Page, Adrian
  • Komzakova, Magdalena
  • Kaarup, Ri
  • Ervens, Sabine
  • Berardi, Nicoletta
  • Ciapanna, Emanuela
  • Karma, Branislav
  • Gabrijelcic, Mateja
  • Cardoso, Fatima
  • Fritzer, Friedrich
  • Kieft, Jasper
  • Zefara, Sandra
  • Kapatais, Demetris
  • Rondinelli, Concetta
  • de los Llanos Matea, María
  • Hartmann, Christin
  • Sullivan, Claudia
  • Stahl, Harald
  • Álvarez, Luis J.
  • Landau, Bettina
  • Mohr, Matthias
  • Vermeulen, Philip
  • Sevestre, Patrick
  • Lünnemann, Patrick
  • Cornille, David
  • Meyler, Aidan
  • Pace, Christopher
  • Jarvis, Valerie
  • Walch, Erik
  • Balfoussia, Hiona
  • Gattini, Luca
  • Linehan, Suzanne
  • Sondermann, David
  • Izquierdo, Mario
  • Anderton, Robert

Abstract

The distributive trades sector, which is primarily accounted for by wholesale and retail trade, is not only economically important in its own right, but also relevant to monetary policy. Ultimately, it is retailers who set the actual prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around half of private consumption accounted for by retail trade. The JEL Classification: E58, F41

Suggested Citation

  • Kivistö, Jarkko & Bardet-Fremann, Pierre-Michel & Panagiotou, Stelios & Vladova, Zornitsa & Tsalinski, Tsvetan & Page, Adrian & Komzakova, Magdalena & Kaarup, Ri & Ervens, Sabine & Berardi, Nicoletta , 2011. "Structural features of distributive trades and their impact on prices in the euro area," Occasional Paper Series 128, European Central Bank.
    • Handle: RePEc:ecb:ecbops:2011128
    Note: 1725820
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//pub/pdf/scpops/ecbocp128.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Steve Worthington, 2008. "Retailers' entry into the provision of financial services: the case for and against," International Journal of Financial Services Management, Inderscience Enterprises Ltd, vol. 3(3/4), pages 243-254.
    2. Leibtag, Ephraim S. & Barker, Catherine & Dutko, Paula, 2010. "How Much Lower Are Prices at Discount Stores? An Examination of Retail Food Prices," Economic Research Report 96767, United States Department of Agriculture, Economic Research Service.
    3. Zvi Griliches, 1992. "Output Measurement in the Service Sectors," NBER Books, National Bureau of Economic Research, Inc, number gril92-1, March.
    4. Xiaolin Xing, 2010. "Can price dispersion be persistent in the Internet markets?," Applied Economics, Taylor & Francis Journals, vol. 42(15), pages 1927-1940.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barros, Carlos Pestana & Williams, Jonathan, 2013. "The random parameters stochastic frontier cost function and the effectiveness of public policy: Evidence from bank restructuring in Mexico," International Review of Financial Analysis, Elsevier, vol. 30(C), pages 98-108.
    2. Keh, Hean Tat & Chu, Singfat, 2003. "Retail productivity and scale economies at the firm level: a DEA approach," Omega, Elsevier, vol. 31(2), pages 75-82, April.
    3. Richard Volpe & Edward C Jaenicke & Lauren Chenarides, 2018. "Store Formats, Market Structure, and Consumers’ Food Shopping Decisions," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 40(4), pages 672-694, December.
    4. David Tao,Liang & Harry X,Wu, 2023. "Revisiting the role of ICT in China's growth," IDE Discussion Papers 883, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    5. David M. Cutler & Mark B. McClellan & Joseph P. Newhouse & Dahlia K. Remler, 2001. "Pricing Heart Attack Treatments," NBER Chapters, in: Medical Care Output and Productivity, pages 305-362, National Bureau of Economic Research, Inc.
    6. José Luis Gallizo & Jordi Moreno & Manuel Salvador, 2015. "European banking integration: is foreign ownership affecting banking efficiency?," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(2), pages 340-368, April.
    7. Davide Consoli & Francesco Vona & Francesco Rentocchini, 2016. "That was then, this is now: skills and routinization in the 2000s," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(5), pages 847-866.
    8. Thijs Raa & Edward Wolff, 2001. "Outsourcing of Services and the Productivity Recovery in U.S. Manufacturing in the 1980s and 1990s," Journal of Productivity Analysis, Springer, vol. 16(2), pages 149-165, September.
    9. Timmer, Marcel & Inklaar, Robert, 2005. "Productivity differentials in the U.S. and EU distributive trade sector: statistical myth or reality," GGDC Research Memorandum 200576, Groningen Growth and Development Centre, University of Groningen.
    10. Nakane, Marcio I. & Weintraub, Daniela B., 2005. "Bank privatization and productivity: Evidence for Brazil," Journal of Banking & Finance, Elsevier, vol. 29(8-9), pages 2259-2289, August.
    11. Raulin Lincifort Cadet, 2015. "Cost and profit efficiency of banks in Haiti: do domestic banks perform better than foreign banks?," International Journal of Banking, Accounting and Finance, Inderscience Enterprises Ltd, vol. 6(1), pages 37-52.
    12. An, Henry & Pouliot, Sebastien & Volpe, Richard J., III, 2012. "Local, Organic, Inexpensive and Safe: Can Large Retailers Do It All?," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124754, Agricultural and Applied Economics Association.
    13. Gulati, Rachita & Kumar, Sunil, 2016. "Assessing the impact of the global financial crisis on the profit efficiency of Indian banks," Economic Modelling, Elsevier, vol. 58(C), pages 167-181.
    14. Singh, Inderjeet & Lila, Anshu, 2012. "Emerging Structure of Rajasthan Economy in India," MPRA Paper 43522, University Library of Munich, Germany, revised 25 Dec 2012.
    15. Huang, Minjie & Kubick, Thomas R. & Tseng, Kevin, 2021. "Technology spillovers and the duration of executive compensation," Journal of Banking & Finance, Elsevier, vol. 131(C).
    16. Carol A. Corrado & Charles R. Hulten, 2014. "Innovation Accounting," NBER Chapters, in: Measuring Economic Sustainability and Progress, pages 595-628, National Bureau of Economic Research, Inc.
    17. James Adams & Zvi Griliches, 1996. "Measuring Science: An Exploration," NBER Working Papers 5478, National Bureau of Economic Research, Inc.
    18. Esho, Neil & Sharpe, Ian G., 1995. "Long-run estimates of technological change and scale economies in a dynamic framework: Australian permanent building societies, 1974-1990," Journal of Banking & Finance, Elsevier, vol. 19(7), pages 1135-1157, October.
    19. Michael S. Christian, 2017. "Net Investment and Stocks of Human Capital in the United States, 1975-2013," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 128-149, Fall.
    20. Gaffeo, Edoardo & Molinari, Massimo, 2017. "Taxing financial transactions in fundamentally heterogeneous markets," Economic Modelling, Elsevier, vol. 64(C), pages 322-333.

    More about this item

    Keywords

    competition; distributive trades; monetary policy; prices; retail trades;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecb:ecbops:2011128. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Official Publications (email available below). General contact details of provider: https://edirc.repec.org/data/emieude.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.