Arbeitspapier

Imports, pass-through, and the structure of retail markets

We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail market structure, imports and social welfare. We are especially interested in studying the degree of pass-through of import into retail prices and the effects of retail market regulation. The paper shows that the degree of pass-through may be large when market structure effects are taken into account, and that restrictions on retailing may have significant effects on imports and the degree of pass-through. The paper helps explain the apparent discrepancy between the low observed degree of pass-through and the large benefit that consumers seem to derive from trade liberalization.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 2817

Klassifikation
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Production, Pricing, and Market Structure; Size Distribution of Firms
Thema
international trade
retailing
pass-through
firm heterogeneity
Außenhandelsliberalisierung
Außenhandelspreis
Einzelhandelspreispolitik
Marktstruktur
Wohlfahrtseffekt
Theorie

Ereignis
Geistige Schöpfung
(wer)
Raff, Horst
Schmitt, Nicolas
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Raff, Horst
  • Schmitt, Nicolas
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2009

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