@article{Pass-Through:1630,
      recid = {1630},
      author = {Hong, Gee Hee and Li, Nicholas},
      title = {Market Structure and Cost Pass-Through in Retail},
      address = {2013},
      pages = {1 online resource (iii, 40 pages plus appendix)},
      abstract = {We examine the extent to which vertical and horizontal  market structure can together explain incomplete retail  pass-through. To answer this question, we use scanner data  from a large U.S. retailer to estimate product level  pass-through for three different vertical structures:  national brands, private label goods not manufactured by  the retailer and private label goods manufactured by the  retailer. Our findings emphasize that accounting for the  interaction of vertical and horizontal structure is  important in understanding how market structure affects  pass-through, as a reduction in double-marginalization can  raise pass-through directly but can also reduce it  indirectly by increasing market share.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/1630},
      doi = {https://doi.org/10.34989/swp-2013-5},
}