Synchronization of price changes by multiproduct firms: evidence from Canadian newspaper prices

Citation
Tcg. Fisher et Jd. Konieczny, Synchronization of price changes by multiproduct firms: evidence from Canadian newspaper prices, ECON LETT, 68(3), 2000, pp. 271-277
Citations number
12
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
68
Issue
3
Year of publication
2000
Pages
271 - 277
Database
ISI
SICI code
0165-1765(200009)68:3<271:SOPCBM>2.0.ZU;2-L
Abstract
Using data for Canadian daily newspapers we find that price changes of pape rs owned by the same firm are synchronized. On the other hand, independentl y owned newspapers do not appear to change their prices together. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D40; L16.