Synchronization of price changes by multiproduct firms: evidence from Canadian newspaper prices

被引:39
作者
Fisher, TCG [1 ]
Konieczny, JD [1 ]
机构
[1] Wilfrid Laurier Univ, Dept Econ, Waterloo, ON N2L 3C5, Canada
关键词
pricing; staggering; synchronization;
D O I
10.1016/S0165-1765(00)00231-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using data for Canadian daily newspapers we find that price changes of papers owned by the same firm are synchronized. On the other hand, independently owned newspapers do not appear to change their prices together. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D40; L16.
引用
收藏
页码:271 / 277
页数:7
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