TY  - BOOK
AU  - Fontaine,François
AU  - Martin,Julien
AU  - Mejean,Isabelle
ED  - National Bureau of Economic Research.
TI  - Price Discrimination within and across EMU Markets: Evidence from French Exporters 
T2  - NBER working paper series
PY  - 2019///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - September 2019; Hardcopy version available to institutional subscribers
N2  - We study the cross-sectional dispersion of prices paid by EMU importers for French products. We document a significant level of price dispersion both within product categories across exporters, and within exporters across buyers. This latter source of price discrepancies, sellers' price discrimination across buyers, is indicative of deviations from the law-of-one price. Price discrimination (i) is substantial within the EU, within the euro area, and within EMU countries; (ii) has not decreased over the last two decades; (iii) is more prevalent among the largest firms and for more differentiated products; (iv) is lower among retailers and wholesalers; (v) is also observed within almost perfectly homogenous product categories, which suggests that a non-negligible share of price discrimination is triggered by heterogeneous markups rather than quality or composition effects. We then estimate a rich statistical decomposition of the variance of prices to shed light on exporters' pricing strategies
UR  - https://www.nber.org/papers/w26246
UR  - http://dx.doi.org/10.3386/w26246
ER  -