Arbeitspapier
Firm Types, Price-Setting Strategies, and Consumption-Tax Incidence
Studying very detailed micro data collected around two different VAT reforms in Europe, we show that tax incidence is heavily dependent on the characteristics of the price-setting firms. The reforms generated bimodal price-change distributions; nearly all independent restaurants left prices unchanged whereas a substantial fraction of restaurants belonging to chains chose a complete passthrough. These differences cannot be explained by location, initial prices or other market-segment indicators. Instead, differences appear to arise because independent restaurants aim for (very) crude price ranges rather than fine-tuned optimized prices, whereas chains use more elaborate, coordinated pricing strategies.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5654
- Klassifikation
-
Wirtschaft
Taxation and Subsidies: Incidence
Fiscal Policies and Behavior of Economic Agents: Firm
Price Level; Inflation; Deflation
- Thema
-
firm heterogeneity
VAT
price incidence
price setting
restaurants
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Harju, Jarkko
Kosonen, Tuomas
Nordström Skans, Oskar
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Harju, Jarkko
- Kosonen, Tuomas
- Nordström Skans, Oskar
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015
Ähnliche Objekte (12)
Firm types, price-setting strategies, and consumption-tax incidence?
Managing brands in social consumption settings
On the Intergenerational Incidence of Wage and Consumption Taxes
Incidence of unilateral consumption taxes on world carbon emissions
A note on interpreting consumption tax incidence in OLG models
Consumption modelling considering different socio-economic household types
Quantity-setting games with a dominant firm
How highlighted utensils influence consumption in a dark setting
Labor Market Imperfections and the Firm's Wage Setting Policy
Wage setting in Hungary: evidence from a firm survey
Wage setting in Hungary: Evidence from a firm survey
The effects of different types of taxes on soft-drink consumption
Firm types, price-setting strategies, and consumption-tax incidence?
Managing brands in social consumption settings
On the Intergenerational Incidence of Wage and Consumption Taxes
Incidence of unilateral consumption taxes on world carbon emissions
A note on interpreting consumption tax incidence in OLG models
Consumption modelling considering different socio-economic household types
Quantity-setting games with a dominant firm
How highlighted utensils influence consumption in a dark setting
Labor Market Imperfections and the Firm's Wage Setting Policy
Wage setting in Hungary: evidence from a firm survey
Wage setting in Hungary: Evidence from a firm survey
The effects of different types of taxes on soft-drink consumption
Firm types, price-setting strategies, and consumption-tax incidence?
Managing brands in social consumption settings
On the Intergenerational Incidence of Wage and Consumption Taxes
Incidence of unilateral consumption taxes on world carbon emissions
A note on interpreting consumption tax incidence in OLG models
Consumption modelling considering different socio-economic household types
Quantity-setting games with a dominant firm
How highlighted utensils influence consumption in a dark setting
Labor Market Imperfections and the Firm's Wage Setting Policy
Wage setting in Hungary: evidence from a firm survey
Wage setting in Hungary: Evidence from a firm survey