Price dispersion and strategic outcomes : an analysis of the Irish independent grocery sector

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Title: Price dispersion and strategic outcomes : an analysis of the Irish independent grocery sector
Authors: Walsh, Patrick P.
Whelan, Ciara
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Date: 1997
Online since: 2009-04-03T14:26:56Z
Abstract: This paper empirically analyses price dispersion between brand within product catgories in the Independent grocery sector. The methodology adopted allows us to discriminate between the impact which various structural demand and supply side features have on price dispersion in both traditional and game-theoretic frameworks. Specifically we estimate how differences in the product cycle, sales structure, distribution structure, and downstream retailer power impact patterns of price dispersion while controlling for idiosyncratic product effects. Our results suggest that competitive pricing of brands in product categories, and hence price dispersion, will rise with a slump in the product cycle, fragmentation in the sales structure, greater distribution coverage in outlets, and factors which restrict downstream retailer power.
Type of material: Working Paper
Publisher: Trinity College Dublin. Department of Economics
Series/Report no.: Trinity Economic Paper Series; No. 97/8
Copyright (published version): Trinity College Dublin, Department of Economics 1997
Subject LCSH: Grocery trade--Ireland
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Politics and International Relations Research Collection
Geary Institute Research Collection

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