全球智库信息集成服务系统(G2TT): DP14272 Credit Rationing and Pass-Through in Supply Chains: Theory and Evidence from Bangladesh

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP14272
	DP14272 Credit Rationing and Pass-Through in Supply Chains: Theory and Evidence from Bangladesh
	Dilip Mookherjee; Shahe Emran; Forhad Shilpi; Helal Uddin
发表日期	2020-01-04
出版年	2020
语种	英语
摘要	We extend standard models of price pass-through in an imperfectly competitive supply chain to incorporate rationing of trade credit. Credit rationing reverses predictions concerning effects of raw material import prices on pass-through to wholesale prices, and effects of regulations of intermediaries. To test these we study the effects of a policy in Bangladesh's edible oils supply chain during 2011-12 banning a layer of financing intermediaries. Evidence from a difference-in-difference estimation rejects the standard model. We find that the regulatory effort to reduce market power of financing intermediaries ended up raising consumer prices by restricting access to credit of downstream traders.
主题	Development Economics ; Industrial Organization ; International Macroeconomics and Finance
关键词	Intermediary Supply chain market power Credit rationing Pass-through Edible oils Bangladesh
URL	https://cepr.org/publications/dp14272
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/543163
推荐引用方式 GB/T 7714	Dilip Mookherjee,Shahe Emran,Forhad Shilpi,et al. DP14272 Credit Rationing and Pass-Through in Supply Chains: Theory and Evidence from Bangladesh. 2020.