Show simple item record

dc.contributor.authorPless, Jacquelyn
dc.contributor.authorvan Benthem, Arthur A.
dc.date.accessioned2021-03-03T21:00:14Z
dc.date.available2021-03-03T21:00:14Z
dc.date.issued2019-10
dc.identifier.issn1945-7782
dc.identifier.issn1945-7790
dc.identifier.urihttps://hdl.handle.net/1721.1/130070
dc.description.abstractWe formalize pass-through over-shifting as a simple yet underutilized 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.en_US
dc.language.isoen
dc.publisherAmerican Economic Associationen_US
dc.relation.isversionofhttp://dx.doi.org/10.1257/app.20170611en_US
dc.rightsArticle is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.en_US
dc.sourceAmerican Economic Associationen_US
dc.titlePass-Through as a Test for Market Power: An Application to Solar Subsidiesen_US
dc.typeArticleen_US
dc.identifier.citationPless, Jacquelyn and Arthur A. van Benthem. "Pass-Through as a Test for Market Power: An Application to Solar Subsidies." AEJ: Applied Economics 11, 4 (October 2019): 367-401.en_US
dc.contributor.departmentSloan School of Managementen_US
dc.relation.journalAEJ: Applied Economicsen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2021-03-02T13:40:59Z
dspace.orderedauthorsPless, J; van Benthem, AAen_US
dspace.date.submission2021-03-02T13:42:02Z
mit.journal.volume11en_US
mit.journal.issue4en_US
mit.licensePUBLISHER_POLICY


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record