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Price synchronization in retalling: some empirical evidence.

Year of publication: 2,014 Publication: São Paulo, Revista de Economia Política, v. 34, n. 2, p. 284-293. Pagination:   Authors: RESENDE, Marcelo;  ZEIDAN, Rodrigo Mariath;  REGA, Gabriel P. Type of Publication: Article Main Author: Resende, Marcelo Other Authors: RESENDE, Marcelo;  ZEIDAN, Rodrigo Mariath;  REGA, Gabriel P. Summary: The paper investigates the synchronization of price changes in the context of tire dealers in São Paulo-Brazil and selected items in supermarkets for cleaning supplies and food in Rio de Janeiro-Brazil. Results indicate similar and non-negligible synchronization for different brands, although magnitudes are distant from a perfect synchronization pattern. We find interesting patters in inter-firm competition, with similar magnitudes across different types. Intra-chain synchronization is substantial, indicating that a common price adjustment policy tends to be sustained for each chain across different products. Language: Inglês Reference Number: 005.21 R433p 2014