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The Relation between Price Level, Product Standard and Price Elasticity of Premium Brand: An Empirical Research to the TV Industry in China

机译:价格水平,产品标准与高端品牌价格弹性之间的关系:对中国电视产业的实证研究

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This paper utilizes log-log market response function to examine the relation between price level, product standard and price elasticity of the TV industry in China. Our research results show that: (1) there is no difference in price elasticity between premium brands and non-premium brands; (2) The price elasticity of high standard TVs is lower than low standard TVs. We also discuss the practical meaning of our results to the price strategy of the TV industry in China.
机译:本文利用对数-对数市场响应函数来检验中国电视行业的价格水平,产品标准和价格弹性之间的关系。我们的研究结果表明:(1)优质品牌和非优质品牌之间的价格弹性没有差异; (2)高标准电视的价格弹性低于低标准电视。我们还将讨论结果对中国电视行业价格战略的实际意义。

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