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Retail price dynamics and retailer heterogeneity: UK evidence

Listed author(s):
  • Lloyd, T.A.
  • McCorriston, S.
  • Morgan, C.W.
  • Poen, E.
  • Zgovu, E.
Registered author(s):

    We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0165176514002432
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    Article provided by Elsevier in its journal Economics Letters.

    Volume (Year): 124 (2014)
    Issue (Month): 3 ()
    Pages: 434-438

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    Handle: RePEc:eee:ecolet:v:124:y:2014:i:3:p:434-438
    DOI: 10.1016/j.econlet.2014.06.032
    Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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    12. Gagnon, Etienne & Lopez-Salido, J. David, 2014. "Small Price Responses to Large Demand Shocks," Finance and Economics Discussion Series 2014-18, Board of Governors of the Federal Reserve System (U.S.).
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