Parallel Imports and Music CD Prices

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Parallel Imports and Music CD Prices

Author Info

Yeh-ning Chen (National Taiwan Univ)
Ivan Png (National Univ of Singapore)

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Ivan P.L. Png

Abstract

Parallel 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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Paper provided by EconWPA in its series International Trade with number 0402001.

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Date of creation: 03 Feb 2004
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Handle: RePEc:wpa:wuwpit:0402001

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Paper
- Yeh-ning Chen & I.P.L. Png, 2004. "Parallel Imports and Music CD Prices," International Trade 0401005, EconWPA. [Downloadable!]

Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
F15 - International Economics - - Trade - - - Economic Integration
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

This paper has been announced in the following NEP Reports:

NEP-ALL-2004-02-08 (All new papers)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Keith E. Maskus, 2000. "Parallel Imports," The World Economy, Blackwell Publishing, vol. 23(9), pages 1269-1284, 09. [Downloadable!] (restricted)
Gallini, Nancy T. & Hollis, Aidan, 1999. "A contractual approach to the gray market," International Review of Law and Economics, Elsevier, vol. 19(1), pages 1-21, March. [Downloadable!] (restricted)
Other versions:
- Nancy T. Gallini & Aidan Hollis, 1996. "A Contractual Approach to the Gray Market," Working Papers gallini-96-01, University of Toronto, Department of Economics. [Downloadable!]
Theo Papadopoulos, 2000. "Copyright, Parallel Imports and National Welfare: The Australian Market for Sound Recordings," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 33(4), pages 337-348. [Downloadable!] (restricted)

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Ricard Gil, 2006. "The Economics of IPR Protection Policies," Review of Network Economics, Concept Economics, vol. 5(3), pages 299-319, September. [Downloadable!]
Other versions:
- Gil, Ricard, 2006. "The economics of IPR protection policies," IESE Research Papers D/622, IESE Business School. [Downloadable!]

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