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Price Convergence in the European Car Market

  • Salvador Gil-Pareja
  • Simón Sosvilla-Rivero

This paper examines price convergence in the European Union Car market over the period 1995-2005. The results indicate that there is a clear evidence of price convergence among the EU15 countries, but not before 1999. Moreover, countries of the Economic and Monetary Union started convergence previously to the EU15 as a whole. Finally, exchange rate changes has significantly contributed to price dispersion over time across countries

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Paper provided by FEDEA in its series Working Papers with number 2005-22.

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Handle: RePEc:fda:fdaddt:2005-22
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