Exaggerated Death of Distance: Revisiting Distance Effects on Regional Price Dispersions
Exaggerated Death of Distance: Revisiting Distance Effects on Regional Price Dispersions
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距离的夸大死亡：重新审视距离对区域价格离散的影响
DOI：
10.1016/j.jinteco.2013.02.002
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发表时间：
2013
影响因子：
3.3
通讯作者：
and Kazutaka Takechi
中科院分区：
文献类型：
--
作者：
Kazuko Kano;Takashi Kano;and Kazutaka Takechi
本文实证研究了运输成本在地区间价格差异中的重要作用。我们识别和估计冰山型距离弹性运输成本作为一个参数的跨区域价格差异的结构模型，具有产品交付决策。利用日本农产品的批发价格和产品交付模式的数据集，我们的结构估计方法发现大的距离弹性的运输成本。结果证实，地理障碍是一个经济上的重大贡献者的法律一个价格的失败。
This paper empirically establishes the significant roles of transport costs in price dispersions across regions. We identify and estimate the iceberg-type distance-elastic transport costs as a parameter of a structural model of cross-regional price differentials featuring product delivery decisions. Utilizing a data set of wholesale prices and product delivery patterns of agricultural products in Japan, our structural estimation approach finds large distance elasticities of the transport costs. The result confirms that geographical barriers are an economically significant contributor to the failures of the law of one price.