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Price dynamics in food retailing in Great Britain
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Waterson, Michael, Dobson, Paul and Seaton, Jonathan S. (2012) Price dynamics in food retailing in Great Britain. [Dataset]
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Official URL: https://wrap.warwick.ac.uk/134726
Abstract
This project aims to use and extend a novel and remarkably comprehensive dataset on food retailing to analyse new questions regarding firms' pricing behaviour at a highly disaggregated level. The analysis will be grounded in existing theoretical and empirical work but will extend beyond it to tackle policy-relevant issues in competition between firms and in the development of inflationary processes. The central research questions to be examined include the following: What was the impact of the major structural change resulting from the takeover of Safeway by Morrison on pricing behaviour and outcomes in the GB food retail market? Is there evidence of prices having a leader-follower pattern amongst GB supermarkets? If so, what are its causes and likely consequences? Finally, and more broadly, how if at all do price movements in times when cost pressures are inflationary differ from those when cost pressures are relatively relaxed? If so, what are the implications? The approach used will involve model building followed by econometric (statistical) analysis of five years' worth of weekly pricing data across four major supermarket chains for a significant number of products, alongside other information on the products and the firms involved.
Item Type: | Dataset | ||||||
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Alternative Title: | Data for identifying and characterising price leadership in British supermarkets | ||||||
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce |
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Divisions: | Faculty of Social Sciences > Economics | ||||||
Type of Data: | Quantitative survey data | ||||||
Library of Congress Subject Headings (LCSH): | Prices -- Great Britain, Pricing -- Great Britain, Supermarkets -- Great Britain, Grocery trade -- Great Britain, Leadership -- Great Britain | ||||||
Publisher: | University of Warwick, Department of Economics | ||||||
Official Date: | 24 August 2012 | ||||||
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Status: | Not Peer Reviewed | ||||||
Publication Status: | Published | ||||||
Media of Output (format): | .csv | ||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||
Copyright Holders: | University of Warwick | ||||||
Description: | Data record consists of 1 data file in .csv format. |
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