Global private-label convergence: Fact or fiction?

• المؤلفون الرئيسيون: GIELENS, Katrijn, DEKIMPE, Marnik, MUKHERJEE, Anirban, TULI, Kapil R.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2016
• الموضوعات: Private labels; Convergence models; International marketing; Marketing
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research_all/4; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1009&context=lkcsb_research_all

This study considers a set of 67 countries to study whether PLs sharesconverge globally and if so to what long-run level PL shares in 60 product categoriesare expected to converge. The authors draw upon the economic convergenceliterature to establish an empirical specification that measures long-run PL sharedifferentials relative to a stabilized reference country. As such, they use the notionof β-convergence, taking place when countries with an initially lower PL level growfaster than countries already closer to a common steady state.