Abstract

The existence of price dispersion is one of the most well known principles of economic theory. Earlier studies concentrated on international purchasing power parity (PPP) deviations. In recent years several studies have examined price dispersion within a nation’s borders. In this article the price dispersion among the districts of Istanbul is analyzed by utilizing a data set containing microeconomic price levels from bazaars, convenience stores, and supermarkets. According to results of the study, the prices of homogenous products, except fruit and vegetables, vary less than the prices of differentiated goods as one might expect. Results also indicate that, type of the seller of the product effects price dispersion among the counties of Istanbul. http://dx.doi.org/10.17130/ijmeb.2017433403

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call