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Parallel Imports and Music CD Prices

Author

Listed:
  • Yeh-ning Chen

    (National Taiwan Univ)

  • I.P.L. Png

    (National Univ of Singapore)

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.

Suggested Citation

  • Yeh-ning Chen & I.P.L. Png, 2004. "Parallel Imports and Music CD Prices," International Trade 0401005, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpit:0401005
    Note: Type of Document - ; pages: 12
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/it/papers/0401/0401005.pdf
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    Citations

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    Cited by:

    1. Productivity Commission, 2009. "Restrictions on the Parallel Importation of Books," Research Reports, Productivity Commission, Government of Australia, number 34, January.
    2. Gil Ricard, 2006. "The Economics of IPR Protection Policies," Review of Network Economics, De Gruyter, vol. 5(3), pages 1-21, September.
    3. Howe, Martin & Lesh, Matthew, 2025. "Parallel Universe: How ending parallel import restrictions cuts costs for British consumers," IEA Discussion Papers 133, Institute of Economic Affairs (IEA).

    More about this item

    Keywords

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    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • 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; Personnel Economics - - Marketing and Advertising - - - General

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