Loy, Jens-Peter, Weiss, Christoph. 2019. Product Differentiation and Cost Pass-Through. Journal of Agricultural Economics. 70 (3), 840-858.
BibTeX
Abstract
The present paper extends the existing literature on vertical price transmission and cost pass‐through by investigating the impact of product differentiation. We apply distance‐measures of product differentiation to a specific product market (yoghurt) within one country (Germany). Results from a panel‐error‐correction model for 30 products sold in 432 stores over a period of 312 weeks suggest that product differentiation explains a significant share of differences in cost pass‐through rates: more differentiated products command higher prices and are characterised by lower equilibrium cost pass‐through rates as well as more sluggish price adjustment.
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| Status of publication | Published |
|---|---|
| Affiliation | WU |
| Type of publication | Journal article |
| Journal | Journal of Agricultural Economics |
| Citation Index | SSCI |
| WU-Journal-Rating new | WH-B |
| Language | English |
| Title | Product Differentiation and Cost Pass-Through |
| Volume | 70 |
| Number | 3 |
| Year | 2019 |
| Page from | 840 |
| Page to | 858 |
| Reviewed? | Y |
| URL | https://onlinelibrary.wiley.com/toc/14779552/2019/70/3 |
| DOI | http://dx.doi.org/10.1111/1477-9552.12320 |
| Open Access | N |
| JEL | D4, L1 |
Associations
- People
- Loy, Jens-Peter (Former researcher)
- Weiss, Christoph (Details)
- Organization
- Institute for Economic Policy and Industrial Economics IN (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 5302 Agricultural economics (Details)