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来源类型Working Paper
规范类型报告
DOI10.3386/w23260
来源IDWorking Paper 23260
Pass-Through as a Test for Market Power: An Application to Solar Subsidies
Jacquelyn Pless; Arthur A. van Benthem
发表日期2017-03-20
出版年2017
语种英语
摘要We formalize pass-through over-shifting as a simple yet under-utilized test for market power. We apply this test in the market for solar energy. Specifically, we estimate the pass-through of solar subsidies to solar system prices using rich micro-level transaction and subsidy data from California. Buyers of solar systems capture nearly the full subsidy, while there is more-than- complete pass-through to lessees. We conclude that solar markets are imperfectly competitive by ruling out alternative explanations for over-shifting, and reinforce this conclusion with a test of solar demand curvature. This procedure can serve to detect market power beyond the solar market.
主题Public Economics ; Taxation ; Environmental and Resource Economics ; Energy ; Environment
URLhttps://www.nber.org/papers/w23260
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580934
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Jacquelyn Pless,Arthur A. van Benthem. Pass-Through as a Test for Market Power: An Application to Solar Subsidies. 2017.
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