Parallel Imports and Music CD Prices

Parallel imports are a significant academic and policy issue. Official investigations into the impact of parallel imports on music CD prices have reached widely conflicting conclusions. This note reports an event study on an international panel of changes in copyright law to permit or disallow parallel imports. The study shows that, on average, legalization of parallel imports was associated with a 7.2–7.9% reduction in the retail price of music CDs.

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Year of publication:	2004-02-03
Authors:	Chen, Yeh-ning ; Png, Ivan
Institutions:	EconWPA
Subject:	parallel imports \| gray markets \| price discrimination

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Extent:	application/pdf
Series:	International Trade.
Type of publication:	Book / Working Paper
Notes:	Type of Document -
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; F15 - Economic Integration ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005119321