Download This PaperPrice Convergence in the European Car Market
FEDEA Working Paper No. 2005-22
20 Pages Posted: 14 Nov 2005
Date Written: November 2005
Abstract
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 previously to the EU15 as a whole. Finally, exchange rate changes has significantly contributed to price dispersion over time across countries.
Keywords: Market integration, Automobiles, European Union, Euro, Exchange rates
JEL Classification: F15, F30
Suggested Citation: Suggested Citation
Gil-Pareja, Salvador and Sosvilla-Rivero, Simon, Price Convergence in the European Car Market (November 2005). FEDEA Working Paper No. 2005-22, Available at SSRN: https://ssrn.com/abstract=844144 or http://dx.doi.org/10.2139/ssrn.844144
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.