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Behavioral Economics Commons

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Selected Works

Econometrics

Laura A Renfroe

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Full-Text Articles in Behavioral Economics

The International Ipad Index: Price Variants Across Countries And Associated Population Factors, Laura A. Renfroe Jan 2013

The International Ipad Index: Price Variants Across Countries And Associated Population Factors, Laura A. Renfroe

Laura A Renfroe

The goal of this research was to determine which population factors were associated with iPad pricing differences across countries. Specifically, this paper measured the relationship between iPad prices in a given country and its U.S. dollar exchange rate, amount of income inequality, Gross Domestic Product per capita, luxury good sales growth, Individualism Index score, and population density. Panel data was collected for the iPad 2, the iPad Retina, and the iPad Mini tablets from 38 countries of varying geographic locations, economic paradigms, and political structures. The pooled data set yielded 114 observations in total. Regressing iPad price as a percent …