Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price
نویسندگان
چکیده
منابع مشابه
The Importance of Trade Costs in Deviations from the Law-of-One-Price: estimates based on the Direction of Trade∗
The full impact of trade costs in segmenting product markets cannot be captured by considering aggregate prices or in the absence of information on the direction of trade. We address this problem by utilizing product-specific prices, cross-sectional productivity indices, and bilateral trade flows, allowing us to identify the probable source of any one product. We show that trade costs in the fo...
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چکیده ندارد.
15 صفحه اولThe Law of Two Prices: Trade Costs and Relative Price Variability
The paper investigates whether deviations from the law of one price can attributed to real factors, such as transportation and distribution costs. Even if trade is costly, the prices of a good at di.erent locations will be linked as long as the good is traded. Instead of the usual iceberg assumption, I model costly trade as a transportation sector that uses real resources with potentially diffe...
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on translation of phatic communion and socio-cultural relationships between the characters of the novels
phatic communion is a cultural concept which differs across cultures. according to hofstede (2001), the u.s. tends to have individualistic culture; however, asian countries tend to have collectivistic cultures. these cultures view phatic communion differently. in individualistic cultures like u.s., phatic communion reflects speakers’ socio-cultural relationships in conversations. to see whether...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1278242