Cross-border shopping: Evidence and welfare implications for Switzerland

• 成果类型: Article
• 署名作者: Burstein, Ariel; Lein, Sarah; Vogel, Jonathan
• 署名单位: University of California System; University of California Los Angeles; National Bureau of Economic Research; University of Basel
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2024.104015
• 发表日期: 2024
• 关键词: Cross-border shopping; Exchange rates; gains from trade

摘要

Consumers access foreign goods by purchasing them domestically or shopping abroad. We present new facts on cross-border shopping by Swiss households showing, for example, that prices of identical products are lower in neighboring countries, cross-border shopping shares fall with distance to the border, and price gaps and cross-border shopping shares rose following the 2015 Swiss Franc appreciation. We use a simple model of cross-border shopping to quantify how variation across space in cross-border shopping results in heterogeneous changes in cost-of- living in response to changes in international prices such as the 2015 Swiss Franc Appreciation and the 2020 Covid-19-related closing of the border.