UK Postal Parcel Traffic Price Elasticities: Intensive and Extensive Margins and Selection Bias. In Service Challenges, Business Opportunities, and Regulatory Responses in the Postal Sector

Abstract

This chapter examines and estimates demand price elasticities for Royal Mail postal parcel volumes, using an econometric analysis of data from more than 40,000 Royal Mail customers followed each quarter over 5 years and distinguishing intensive and extensive margin elasticities.

Reference

Frédérique Fève, Thierry Magnac, Jonathan Pope, and Soterios Soteri, “UK Postal Parcel Traffic Price Elasticities: Intensive and Extensive Margins and Selection Bias. In Service Challenges, Business Opportunities, and Regulatory Responses in the Postal Sector”, in Service Challenges, Business Opportunities, and Regulatory Responses in the Postal Sector, Pier Luigi Parcu, Timothy J. Brennan, and Victor Glass (eds.), chapter 8, October 2024, pp. 113–127.