Citing the Data
This archive was developed by Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga. Users of the archive are requested to cite the following article:
Crucini M, Shintani M, Tsuruga T. 2010. “The Law of One Price without the Border: The Role of Distance versus Sticky Prices.” Economic Journal 120(544): pp. 462-480.
Mario Crucini, Mototsugu Shintani and Christopher Telmer gratefully acknowledge the financial support of the National Science Foundation (SES-0524868).
The Japanese price data is a monthly panel covering the period 2000:M1-2006:M12 (84 months). There are 71 cities and 689 goods.
Research papers referencing current micro price data:
- Parsley, David C, and Wei, Shang-Jin: Explaining the border effect: the role of exchange rate variability, shipping costs, and geography - 2001
- Crucini M, Shintani M, Tsuruga T: The Law of One Price without the Border: The Role of Distance versus Sticky Prices - 2010
Cities in current dataset: