Consumer arbitrage in cross-border e-commerce

ANSON, José; BOFFA, Mauro; HELBLE, Matthias

Consumer arbitrage in cross-border e-commerce

dc.contributor.author	ANSON, José
dc.contributor.author	BOFFA, Mauro
dc.contributor.author	HELBLE, Matthias
dc.date.accessioned	2018-03-27T12:33:31Z
dc.date.available	2018-03-27T12:33:31Z
dc.date.issued	2018
dc.description.abstract	In today's internet markets consumers can search for, find and compare prices worldwide. Online, information circulates faster than offline and arbitrage opportunities such as the ones arising from currency shocks are easily unveiled. In this paper, we estimate for the first time exchange rate elasticities for cross-border e-commerce transactions. Exploiting a new high-frequency database on international transactions of parcels, we find that a 1 % appreciation of the domestic currency increases e-commerce imports by 0.7 %. Comparing the result with traditional estimates in offline markets, this implies a 50 % exchange rate pass-through online.	en
dc.format.mimetype	application/pdf	en
dc.identifier.issn	1028-3625
dc.identifier.uri	https://hdl.handle.net/1814/53065
dc.language.iso	en	en
dc.relation.ispartofseries	EUI RSCAS	en
dc.relation.ispartofseries	2018/17	en
dc.relation.ispartofseries	Global Governance Programme-298	en
dc.relation.ispartofseries	[Global Economics]	en
dc.rights	info:eu-repo/semantics/openAccess	en
dc.subject	Online trade	en
dc.subject	Arbitrage	en
dc.subject	Exchange rate pass-through	en
dc.subject	F14	en
dc.subject	F31	en
dc.subject.other	Economic development
dc.subject.other	Regulation and economic policy
dc.title	Consumer arbitrage in cross-border e-commerce	en
dc.type	Working Paper	en
dspace.entity.type	Publication
person.identifier.other	42487
relation.isAuthorOfPublication	736b463d-91f2-46b5-82c3-8167fe857fa7
relation.isAuthorOfPublication.latestForDiscovery	736b463d-91f2-46b5-82c3-8167fe857fa7