Retail price dynamics and retailer heterogeneity: UK evidence

Authors: Lloyd, E.

http://eprints.bournemouth.ac.uk/22620/

https://www.scopus.com/inward/record.uri?eid=2-s2.0-84904909323&partnerID=40&md5=01379f078264711322d78c39523351f4

Journal: Economics Letters

Volume: 124

Pages: 434-438

DOI: 10.1016/j.econlet.2014.06.032

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Authors: Lloyd, T.A., McCorriston, S., Morgan, C.W., Poen, E. and Zgovu, E.

http://eprints.bournemouth.ac.uk/22620/

Journal: Economics Letters

Volume: 124

Issue: 3

Pages: 434-438

ISSN: 0165-1765

DOI: 10.1016/j.econlet.2014.06.032

We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers. © 2014.

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