Geographic Variation in Consumer Prices: Implications for Local Price Indices

Michael L. Walden

15 citations0/0 files storedJournal of Consumer Affairs

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Consumer Market Behavior and Pricing Economics of Agriculture and Food Markets Regional Economic and Spatial Analysis

Abstract

Previous research has established that considerable variation exists in consumer prices both between states and within states. This paper extends that research by specifying and implementing a procedure for estimating price indices in localities within one state, North Carolina. The paper makes a number of improvements over previous work, including examining geographic variation in the prices of individual products and services, estimating the association between local prices and national prices, and testing the potential capitalization of local taxes and public output into local prices.

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1956A Pure Theory of Local Expenditures 1986The Economics of Schooling: Production and Efficiency in Public Schools.1988WAGES, RENTS, AND AMENITIES: DIFFERENCES AMONG WORKERS AND REGIONS

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2006Regional price levels in Germany

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