Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55642 
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dc.contributor.authorGopinath, Gitaen
dc.contributor.authorGourinchas, Pierre-Olivieren
dc.contributor.authorHsieh, Chang-Taien
dc.contributor.authorLi, Nicholasen
dc.date.accessioned2009-09-23-
dc.date.accessioned2012-02-23T08:28:21Z-
dc.date.available2012-02-23T08:28:21Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/55642-
dc.description.abstractTo what extent do national borders and national currencies impose costs that segment markets across countries? To answer this question the authors use a dataset with product-level retail prices and wholesale costs for a large grocery chain with stores in the United States and Canada. They develop a model of pricing by location and employ a regression discontinuity approach to estimate and interpret the border effect. They report three main facts: One, the median absolute retail price and wholesale cost discontinuities between adjacent stores on either side of the U.S.-Canadian border are as high as 21 percent. In contrast, within-country border discontinuity is close to 0 percent. Two, the variation in the retail price gap at the border is almost entirely driven by variation in wholesale costs, not by variation in markups. Three, the border gaps in prices and costs co-move almost one-to-one with changes in the U.S.-Canadian nominal exchange rate. They show these facts suggest that the price gaps they estimate provide only a lower bound on border costs.en
dc.language.isoengen
dc.publisher|aFederal Reserve Bank of Boston |cBoston, MAen
dc.relation.ispartofseries|aWorking Papers |x09-10en
dc.subject.jelF3en
dc.subject.jelF4en
dc.subject.jelF1en
dc.subject.ddc330en
dc.subject.stwGrenzeen
dc.subject.stwWährungen
dc.subject.stwAußenwirtschaften
dc.subject.stwInternationale Marktsegmentierungen
dc.subject.stwEinzelhandelspreispolitiken
dc.subject.stwLebensmittelgroßhandelen
dc.subject.stwUSAen
dc.subject.stwKanadaen
dc.titleEstimating the border effect: Some new evidence-
dc.typeWorking Paperen
dc.identifier.ppn609336711en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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