Arbeitspapier
Income differences and prices of tradables
This paper presents novel evidence of price discrimination, using prices of identical goods in 28 countries. I explain the observed phenomenon via non-homothetic preferences, in a model of trade with product differentiation and firm productivity heterogeneity. The model brings theory and data closer along a key dimension: it generates positively related prices of tradables and income, while preserving exporter behavior and trade flows of existing frameworks. It further captures observations that richer countries buy more per product and consume more diverse bundles. Quantitatively, the model suggests that variable mark-ups account for 80% of the positive price-income relationship across 123 countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 10-15
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
pricing-to-market
PPP
heterogeneous firms
non-homothetic preferences
Betriebliche Preispolitik
Preisdifferenzierung
Produktivität
Offenbarte Präferenzen
Internationaler Preiszusammenhang
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Simonovska, Ina
- Ereignis
-
Veröffentlichung
- (wer)
-
University of California, Department of Economics
- (wo)
-
Davis, CA
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Simonovska, Ina
- University of California, Department of Economics
Entstanden
- 2010
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