Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/289780 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 1424
Verlag: 
Global Labor Organization (GLO), Essen
Zusammenfassung: 
We assess price dispersion in retail markets and its sources over time. Using a product-detailed price database, we document a consistent divergence of prices over time in retail markets in Uruguay: price dispersion increased by 3.1% in fifteen years. Next, we analyze microeconomic and macroeconomic factors that correlate with price dispersion. We differentiate the effect in the short-run-i.e., static differences between markets-and long-run effects-if these effects increase or decrease over time. Macroeconomic factors fluctuate over time in their impact on price dispersion. Microeconomic factors, mainly competition between stores and differences in category assortments between stores, have a substantial shortrun correlation and an increased effect over time. When we add interactions to the trend, our measure of price dispersion, we found that price dispersion is twice higher: 6.3%.
Schlagwörter: 
Price Dispersion
Market Segmentation
Retail Industry
JEL: 
D4
F40
L1
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
843.78 kB





Publikationen in EconStor sind urheberrechtlich geschützt.