Review of Industrial Organization

, Volume 8, Issue 5, pp 523–544 | Cite as

The demand for first-class mail: An econometric analysis

  • Lester D. Taylor
Article
  • 41 Downloads

Abstract

This paper focuses on the demand for first-class letters in the U.S. using aggregate quarterly time-series data for the period 1971–1986. The main drivers of the volume of first class mail are found to be GNP, the relative price of a first-class letter, the volume of bulk regular third-class mail, and the number of financial accounts. A principal finding is that the size of the price elasticity varies seasonally, reaching a peak in the fourth quarter.

Key words

First-class mail econometric demand analysis 

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Copyright information

© Kluwer Academic Publishers 1993

Authors and Affiliations

  • Lester D. Taylor
    • 1
  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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