Retail price dynamics and retailer heterogeneity: UK evidence
Lloyd, TA; McCorriston, S; Morgan, CW; et al.Poen, E; Zgovu, E
Date: 1 September 2014
Article
Journal
Economics Letters
Publisher
Elsevier
Publisher DOI
Abstract
We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers.
We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers.
Economics
Faculty of Environment, Science and Economy
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