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This paper contributes to the literature on convergence of prices in Europe by investigating the existence of stochastic and deterministic convergence of car prices in the EU15 countries over the period 1993-2008. For that purpose, we conduct unit root testing by employing the recently developed...
Persistent link: https://www.econbiz.de/10013125907
This paper investigates the relationship between market integration and price convergence in international markets. Using a panel data set of consumer price indices (general and by groups and classes), we examine how European market integration has affected cross-country dispersion in the...
Persistent link: https://www.econbiz.de/10012740943
This article examines price convergence in the European Union (EU) car market over the period 1995 to 2005. We find that there is a clear evidence of price convergence among the EU15 countries, but not before 1999. Moreover, countries of the Economic and Monetary Union (EMU) started convergence...
Persistent link: https://www.econbiz.de/10009279597
Persistent link: https://www.econbiz.de/10008931953
This paper examines price convergence in the European Union Car market over the period 1995-2005. The results indicate that there is a clear evidence of price convergence among the EU15 countries, but not before 1999. Moreover, countries of the Economic and Monetary Union started convergence...
Persistent link: https://www.econbiz.de/10014061465
This paper examines the degree and recent evolution (1988-2001) of export-price dispersion among European Union countries. It also explores the effect of exchange rates on export-price dispersion by reviewing the experience of some European countries that participated in the exchange rate...
Persistent link: https://www.econbiz.de/10014066633
This study investigates the relationship between market integration and price convergence in international markets. Using a panel data set of consumer price indices (general and by groups and classes), it examines how European market integration has affected cross-country dispersion in the...
Persistent link: https://www.econbiz.de/10005435096
Persistent link: https://www.econbiz.de/10001845419
Persistent link: https://www.econbiz.de/10001667905
The relationship between geography and trade is a central topic in international economics. This paper investigates the potential existence of a continental bias in world trade flows on a sample of 182 countries over the period 1990-2006. Using traditional estimation techniques and recent...
Persistent link: https://www.econbiz.de/10011332456