G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11908
DP11908 Pass-Through as a Test for Market Power: An Application to Solar Subsidies
Arthur van Benthem
发表日期2017-03-14
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
关键词Solar subsidy Pass-through Over-shifting Demand curvature market power Third-party ownership Buy vs. lease
URLhttps://cepr.org/publications/dp11908-0
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/540720
推荐引用方式
GB/T 7714
Arthur van Benthem. DP11908 Pass-Through as a Test for Market Power: An Application to Solar Subsidies. 2017.
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