| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10670 |
| DP10670 Income effects and the welfare consequences of tax in differentiated product oligopoly | |
| Rachel Griffith; Lars Nesheim; Martin O'Connell | |
| 发表日期 | 2015-06-21 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Random utility models are widely used to study consumer choice. The vast majority of applications make strong assumptions about the marginal utility of income, which restricts income effects, demand curvature and pass-through. We show that flexibly modeling income effects can be important, particularly if one is interested in the distributional effects of a policy change, even in a market in which, a priori, the expectation is that income effects will play a limited role. We allow for much more flexible forms of income effects than is common and we illustrate the implications by simulating the introduction of an excise tax. |
| 主题 | Industrial Organization |
| 关键词 | Compensation variation Demand estimation Income effects Oligopoly Pass-through |
| URL | https://cepr.org/publications/dp10670 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539502 |
| 推荐引用方式 GB/T 7714 | Rachel Griffith,Lars Nesheim,Martin O'Connell. DP10670 Income effects and the welfare consequences of tax in differentiated product oligopoly. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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