Price convergence in the European car market

This paper examines price convergence in the European Union car market over the period 1995-2005. We find that there is a clear evidence of price convergence among the EU15 countries, but not before 1999. Moreover, countries of the Economic and Monetary Union (EMU) started convergence previously to the EU15 as a whole. Finally, exchange rate changes have significantly contributed to price dispersion over time across countries. The results provide significant evidence that trade liberalization and the EMU have enhanced the process of regional integration in the European automobile industry, even though there is room for further measures to promote integration

Spartan Daily, October 25, 1951

Volume 40, Issue 22https://scholarworks.sjsu.edu/spartandaily/11609/thumbnail.jp

Spartan Daily, October 25, 1951

Volume 40, Issue 22https://scholarworks.sjsu.edu/spartandaily/11609/thumbnail.jp

Annotationes Epigraphicae X. Zu einigen Inschriften aus den römischen Provinzen Germania inferior und Germania superior

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Annotationes Epigraphicae X. Zu einigen Inschriften aus den römischen Provinzen Germania inferior und Germania superior

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