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Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers

Cavallo, Alberto

The American economic review, 2017-01, Vol.107 (1), p.283-303 [Periódico revisado por pares]

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Título:
Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers
Autor: Cavallo, Alberto
Assuntos: Analysis ; Bar codes ; Crowdsourcing ; Data collection ; Datasets ; Economic theory ; Electronic commerce ; Markups ; Price changes ; Price levels ; Prices ; Retail prices ; Retail stores ; Shorter Papers ; Studies ; Web sites ; Websites ; ZIP codes
É parte de: The American economic review, 2017-01, Vol.107 (1), p.283-303
Notas: ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 23
Descrição: Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72 percent of the time. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for national statistical offices, researchers using online data, and anyone interested in the effect of the Internet on retail prices.
Editor: Nashville: American Economic Association
Idioma: Inglês

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