NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

International Comparisons of Pricing-to-Market Behavior

Michael M. Knetter

NBER Working Paper No. 4098
Issued in June 1992
NBER Program(s):   ITI

This paper measures the degree of price discrimination across export destinations that is associated with exchange rate changes using U.S., U.K., German and Japanese industry-level data. Given the industries sampled more price discrimination across destinations is observed in the U.K., German and Japanese data. For industries that match across source countries, however, behavior is very similar across source countries. Furthermore, destination-specific price adjustment on exports to the U.S. from Germany and Japan is similar to price adjustment observed on shipments to other destinations. Most variation in the data appears to be related to industry.

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Document Object Identifier (DOI): 10.3386/w4098

Published: American Economic Review, June 1993, pp. 423-436

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