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Price setting behaviour in Lesotho: Stylised facts from consumer retail prices

Author

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  • Lawrence Edwards
  • Mamello A. Nchake
  • Neil Rankin

Abstract

This paper documents some of the main features of price setting behaviour by retail outlets in Lesotho over the period March 2002 to December 2009. The sample of data covers 229 product items for 345 retail outlets. The paper has three main objectives. Firstly, it presents key indicators of price setting behaviour such as the […]

Suggested Citation

  • Lawrence Edwards & Mamello A. Nchake & Neil Rankin, 2014. "Price setting behaviour in Lesotho: Stylised facts from consumer retail prices," Working Papers 417, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:417
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    References listed on IDEAS

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    Cited by:

    1. Wörgötter, Andreas & Brixiova, Zuzana, 2020. "Monetary Unions of Small Currencies and a Dominating Member: What Policies Work Best for Benefiting from the CMA?," IZA Policy Papers 163, Institute of Labor Economics (IZA).
    2. Mamello A. Nchake & Lawrence Edwards & Asha Sundaram, 2018. "Price-setting Behavior and Competition in Developing Countries: an Analysis of Retail Outlets in Lesotho," Journal of Industry, Competition and Trade, Springer, vol. 18(4), pages 529-547, December.
    3. Yılmaz, Engin & Süslü, Bora, 2018. "The Determinants of Price Frequency in Turkey," MPRA Paper 86350, University Library of Munich, Germany.

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    More about this item

    Keywords

    Africa; Firms and Development; Inflation; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

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