prices in a city with an average proportion of new immigrants were 2.6 percent lower in December 1990 than in cities where no immigrants settled.
While the effect was consistent for almost all product categories, Lach found that the immigration effect was significantly stronger for products for which FSU immigrants constituted a larger share of the market, such as pork and vodka.
As Lach argues, newly arrived immigrants may be more price sensitive because of lower income and lack of brand loyalty. Immigrants, who may initially be unemployed, may also have more time to compare prices, and stores will tend to lower their prices to attract these new customers.
Nous like scouse or French -oui? We wee whee all the way ... to mind us a bunch of thunks. Too much information? How could that be?
13 September 2007
Migration and prices
One of the topics on the GCSE syllabus for RE is race and migration is a subset of that. Here's a new argument to add to those already covered.
Subscribe to:
Post Comments (Atom)
"Spend and tax" not "tax and spend"
I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...
-
I've been watching the TV series 'Foundation'. I read the books about 50 years ago (I know!) but scarcely now remember anything...
-
from: http://static.guim.co.uk/sys-images/Guardian/Pix/online/2012/5/22/1337672561216/Annular-solar-eclipse--008.jpg
-
"'Do not think that I have come to abolish the law or the prophets; I have come not to abolish but to fulfill. For truly I tell yo...
No comments:
Post a Comment