Price synchronization in retailing : some empirical evidence
By: RESENDE, Marcelo.
Contributor(s): ZEIDAN, Rodrigo | REGA, Gabriel P.
Material type: ArticlePublisher: São Paulo : Editora 34, Abr./June 2014Subject(s): Preço | Indexação | BrasilOnline resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 34, 2, p. 284-293Abstract: The paper investigates the synchronization of price changes in the context of retail tire dealers in São Paulo-Brazil and selected 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 productsThe paper investigates the synchronization of price changes in the context of retail tire dealers in São Paulo-Brazil and selected 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
v. 34, n. 2 (135)
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