Pass-through in a concentrated industry: empirical evidence and regulatory implications.

We estimate pass-through with 30 years of data from the portland cement industry. Robust econometric evidence supports that fuel cost changes are more than fully transmitted downstream in the form of price changes. This validates an implicit pass-through assumption made in recent academic research a...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 48; no. 1; pp. 69 - 94
Main Authors:	Miller, Nathan H., Osborne, Matthew, Sheu, Gloria
Format:	Article
Published:	Wiley-Blackwell Spring2017
Subjects:	Econometrics Prices Portland cement industry Atmospheric carbon dioxide Emissions (Air pollution) Cement Fuel costs
Online Access:	View this record in EBSCOhost