ECONOMICStheinfluencethat thechangein thepriceof aproducthas on amarketoreconomy:Someeconomistssaid thatoutsidetheoilpriceeffect, there was littlesignofinflation.FINANCEtheinfluencethat achangeininterestratehas onbondprices:If there is anegativepriceeffect, aninterestrateincreasewilllowerthepriceof thebond.(Definition ofprice effectfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofprice effect
price effectThe theory contrasts with the relativepriceeffecton which mainstream economics is based.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The change in total revenue caused by price is called thepriceeffect.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Their assumption of an exogenous private savings rate ensures that there is nopriceeffecton retained earnings.From theCambridge English CorpusThepriceeffectvalorised particularly mining production, increasing profit margins and the value of sales abroad.From theCambridge English CorpusWe use active ingredients to isolate thepriceeffect.From theCambridge English CorpusEnterprise savings are affected by the revenue neutral reduction in the enterprise income tax, but there is nopriceeffectin retained earnings.From theCambridge English CorpusFor a relatively large money stock, thepriceeffectof an increase in the money stock is to dominate the liquidity effect.From theCambridge English CorpusThus, thepriceeffectwill also encourage education and home care.From theCambridge English CorpusThis drives down the equilibrium money stock to the level where the liquidity effect net of thepriceeffectis matched by the seigniorage effect.From theCambridge English CorpusThe ownpriceeffecthas the expected sign and is significant at 1 per cent showing that households react to changes in the shadow price as we expected.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/price-effect##