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Price synchronization in retalling: some empirical evidence.
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http://ci.fdc.org.br/AcervoDigital/Artigos%20FDC/Artigos%20FDC%202014/2014%20Price%20synchronization%20in%20retailing.pdf
Download Abstract
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