COMPETITION AND PASS-THROUGH: EVIDENCE FROM THE GREEK ISLANDS

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• Christos Genakos, University Senior Lecturer in Economics, University of Cambridge, Judge Business School
• Wednesday 24 October 2018, 13:00-14:00
• Lecture Theatre 2, Cambridge Judge Business School.

If you have a question about this talk, please contact Emily Brown.

There will be a light lunch served ahead of the seminar at 12:30-13:00 in the Common Room.

Understanding how firms pass cost shocks through to prices under different competitive conditions is of fundamental importance across many fields in economics. Yet, despite theoretical advances, there is very little empirical evidence on this question.

In this paper, we measure how pass-through varies with competition in isolated markets of different size. Using daily pricing data from gas stations, we study how changes in excise duty tax across petroleum products was pass-through to retail prices across different Greek islands with a different number of competitors.

This talk is part of the Economics & Policy Seminars, CJBS series.

This talk is included in these lists:

• Economics & Policy Seminars, CJBS
• Lecture Theatre 2, Cambridge Judge Business School

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