Price synchronization in retailing: some empirical evidence
The paper investigates the synchronization of price changes in the context of retail tire dealers in São Paulo-Brazil and ed items in supermarkets for cleaning supplies and food in Rio de Janeiro-Brazil. Results indicate similar and non-negligible synchronization for different brands, although magni...
| Autores: | , , |
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| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2014 |
| País: | Brasil |
| Recursos: | EDITORA 34 |
| Repositorio: | Revista de Economia Política |
| Idioma: | inglés |
| OAI Identifier: | oai:ojs2.centrodeeconomiapolitica.org:article/273 |
| Acesso em linha: | https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/273 |
| Access Level: | acceso abierto |
| Palavra-chave: | price synchronization staggering retail sincronização de preços varejo |
| Resumo: | The paper investigates the synchronization of price changes in the context of retail tire dealers in São Paulo-Brazil and ed 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 patterns in inter-firm competition, with similar magnitudes across different tire types. Intra-chain synchronization is substantial, indicating that a common price adjustment policy tends to be sustained for each chain across different products. JEL Classification: L11; L81. |
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