RDP 9707: Internationalisation and Pricing Behaviour: Some Evidence for Australia Appendix A: Relative Prices – Industrial Countries

To check whether our results in Section 3 are materially affected by unreliable data from developing countries, we calculate price ratios using only the industrialised countries (Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the UK and the US) in our sample. Data corresponding to Figure 1 and Table 1 are presented below. As can be seen, overall results are little changed when the developing countries are excluded.