How Wide is the Border Across U.S. States?

This paper focuses on the implications of the deviations from the Law-of-One-Price on the implied widths of borders across the U.S. states through using good-level price data from the U.S. cities. There is evidence for a positive and significant border effect across the states of the U.S. in terms of good-level price dispersion. Distance equivalent of the state border effect is, on average, about 3,344 miles, independent of the price dispersion measure used

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Year of publication:	2011
Authors:	Yilmazkuday, Hakan
Publisher:	[2011]: [S.l.] : SSRN
Subject:	USA \| United States \| Teilstaat \| State of a federation \| Preiskonvergenz \| Price convergence \| Schätzung \| Estimation

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Letters in Spatial and Resource Sciences, Forthcoming Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 20, 2011 erstellt
Classification:	E31 - Price Level; Inflation; Deflation ; F40 - Macroeconomic Aspects of International Trade and Finance. General ; F41 - Open Economy Macroeconomics ; R10 - General Regional Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013133506