{"id":"https://openalex.org/W2073554965","doi":"https://doi.org/10.1080/00036848600000083","title":"The Law of One Price: further empirical evidence concerning Italy and the United Kingdom","display_name":"The Law of One Price: further empirical evidence concerning Italy and the United Kingdom","publication_year":1986,"publication_date":"1986-06-01","ids":{"openalex":"https://openalex.org/W2073554965","doi":"https://doi.org/10.1080/00036848600000083","mag":"2073554965"},"language":"en","primary_location":{"id":"doi:10.1080/00036848600000083","doi":"https://doi.org/10.1080/00036848600000083","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036848600000083","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5039040467","display_name":"Luciano Marcello Milone","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I112859197","display_name":"Universit\u00e0 di Camerino","ror":"https://ror.org/0005w8d69","country_code":"IT","type":"education","lineage":["https://openalex.org/I112859197"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Luciano Marcello Milone","raw_affiliation_strings":["a  Istituto di Studi Economici e Sociali, Universit\u00e0 di Camerino ,  Camerino ,  Mc ,  62032 ,  Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"a  Istituto di Studi Economici e Sociali, Universit\u00e0 di Camerino ,  Camerino ,  Mc ,  62032 ,  Italy","institution_ids":["https://openalex.org/I112859197"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5039040467"],"corresponding_institution_ids":["https://openalex.org/I112859197"],"apc_list":null,"apc_paid":null,"fwci":4.4092,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":{"value":0.94479276,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":null,"biblio":{"volume":"18","issue":"6","first_page":"645","last_page":"661"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7621999979019165,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7621999979019165,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.1890999972820282,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.009100000374019146,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/law-of-one-price","display_name":"law of one price","score":0.996999979019165},{"id":"https://openalex.org/keywords/export-prices","display_name":"export prices","score":0.6399999856948853},{"id":"https://openalex.org/keywords/manufacturing-industry","display_name":"manufacturing industry","score":0.6729999780654907},{"id":"https://openalex.org/keywords/price-dispersion","display_name":"price dispersion","score":0.3089999854564667},{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.5529999732971191},{"id":"https://openalex.org/keywords/balance-of-payments","display_name":"balance of payments","score":0.8619999885559082},{"id":"https://openalex.org/keywords/italian-exports","display_name":"Italian exports","score":0.6629999876022339},{"id":"https://openalex.org/keywords/british-exports","display_name":"British exports","score":0.9539999961853027},{"id":"https://openalex.org/keywords/international-price-linkages","display_name":"international price linkages","score":0.4749999940395355}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7982608079910278},{"id":"https://openalex.org/C109948328","wikidata":"https://www.wikidata.org/wiki/Q140845","display_name":"Balance of payments","level":2,"score":0.754012942314148},{"id":"https://openalex.org/C13801280","wikidata":"https://www.wikidata.org/wiki/Q36732","display_name":"Kingdom","level":2,"score":0.6080102920532227},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.5226994752883911},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.47328895330429077},{"id":"https://openalex.org/C79850504","wikidata":"https://www.wikidata.org/wiki/Q1364085","display_name":"Law of one price","level":4,"score":0.4711011052131653},{"id":"https://openalex.org/C168031717","wikidata":"https://www.wikidata.org/wiki/Q1530280","display_name":"Balance (ability)","level":2,"score":0.4643573760986328},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.46360504627227783},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.42090895771980286},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.4134286046028137},{"id":"https://openalex.org/C34881761","wikidata":"https://www.wikidata.org/wiki/Q1936341","display_name":"Price level","level":2,"score":0.33694952726364136},{"id":"https://openalex.org/C162889289","wikidata":"https://www.wikidata.org/wiki/Q6841075","display_name":"Mid price","level":3,"score":0.1171136200428009},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C99508421","wikidata":"https://www.wikidata.org/wiki/Q2678675","display_name":"Physical medicine and rehabilitation","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/00036848600000083","doi":"https://doi.org/10.1080/00036848600000083","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036848600000083","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:iris.uniroma1.it:11573/481381","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/11573/481381","pdf_url":null,"source":{"id":"https://openalex.org/S4377196107","display_name":"IRIS Research product catalog (Sapienza University of Rome)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W195779851","https://openalex.org/W1488599363","https://openalex.org/W1524638419","https://openalex.org/W1525748185","https://openalex.org/W1592290933","https://openalex.org/W1601767644","https://openalex.org/W1788247221","https://openalex.org/W1964738561","https://openalex.org/W1971273908","https://openalex.org/W1975389439","https://openalex.org/W2018442724","https://openalex.org/W2020186630","https://openalex.org/W2023892702","https://openalex.org/W2028691008","https://openalex.org/W2029653792","https://openalex.org/W2045254822","https://openalex.org/W2048025958","https://openalex.org/W2049724635","https://openalex.org/W2057447703","https://openalex.org/W2065061886","https://openalex.org/W2071249181","https://openalex.org/W2071493879","https://openalex.org/W2091168508","https://openalex.org/W2158614924","https://openalex.org/W2249079200","https://openalex.org/W2314607971","https://openalex.org/W2329931241","https://openalex.org/W2480156142","https://openalex.org/W2764754009","https://openalex.org/W3121872086","https://openalex.org/W3122871899","https://openalex.org/W4242692553","https://openalex.org/W4297902082","https://openalex.org/W4297948829"],"related_works":["https://openalex.org/W2033665274","https://openalex.org/W1968954879","https://openalex.org/W2013168862","https://openalex.org/W93096374","https://openalex.org/W1499746476","https://openalex.org/W3129341642","https://openalex.org/W2070016385","https://openalex.org/W2079867647","https://openalex.org/W1975821299","https://openalex.org/W1267467251"],"abstract_inverted_index":{"The":[0,38],"main":[1],"purpose":[2],"of":[3,16,23,68],"this":[4],"paper":[5],"is":[6,54],"to":[7,49],"perform":[8],"a":[9],"disaggregated":[10],"test":[11],"on":[12],"the":[13,17,21,31,35,66],"empirical":[14],"validity":[15],"Law-of-one-price":[18],"Hypothesis":[19],"in":[20],"sector":[22],"manufacturing":[24],"for":[25],"two":[26],"industrial":[27],"countries,":[28],"Italy":[29],"and":[30,60],"United":[32],"Kingdom,":[33],"during":[34],"period":[36],"1973\u201380.":[37],"findings":[39],"show":[40],"that":[41],"Italian":[42],"export":[43,51],"prices":[44,52],"are":[45],"much":[46],"less":[47],"related":[48],"British":[50],"than":[53],"usually":[55],"suggested":[56],"by":[57],"contemporary":[58],"balance-of-payments":[59],"exchange":[61],"rate":[62],"theoretical":[63],"literature":[64],"assuming":[65],"Law":[67],"One":[69],"Price.":[70]},"counts_by_year":[],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}