Parallel Imports and Music CD Prices
AbstractParallel imports are a significant academic and policy issue. Official investigations into the impact of parallel imports on music CD prices have reached widely conflicting conclusions. This note reports an event study on an international panel of changes in copyright law to permit or disallow parallel imports. The study shows that, on average, legalization of parallel imports was associated with a 7.2–7.9% reduction in the retail price of music CDs.
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Bibliographic InfoPaper provided by EconWPA in its series International Trade with number 0401005.
Length: 12 pages
Date of creation: 27 Jan 2004
Date of revision:
Note: Type of Document - ; pages: 12
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gray market; pricing;
Other versions of this item:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- M30 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - General
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