Cost Pass-Through in Differentiated Product Markets: The Case of U.S. Processed Cheese
Cost Pass-Through in Differentiated Product Markets: The Case of U.S. Processed Cheese
复制标题
差异化产品市场的成本转嫁：以美国加工奶酪为例
DOI：
10.1111/j.1467-6451.2008.00331.x
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发表时间：
2008
期刊：
影响因子：
--
通讯作者：
R. Cotterill
中科院分区：
文献类型：
--
作者：
Donghun Kim;R. Cotterill
在本文中，我们估计了美国加工奶酪市场需求的混合Logit模型。这些估计值被用来确定不同行为制度下成本变化的传递率。我们发现，在合谋的情况下，所有品牌的通过率在21%到31%之间，而在纳什-贝特朗价格竞争下，通过率的范围在73%到103%之间。混合Logit模型为研究通过率提供了比Logit模型更灵活的框架，因为需求函数的曲率取决于消费者类型的经验分布。
In this paper, we estimate a mixed logit model for demand in the U.S. processed cheese market. The estimates are used to determine pass-through rates of cost changes under different behavioral regimes. We find that, under collusion, the pass-through rates for all brands fall between 21% and 31% while, under Nash-Bertrand price competition, the range of pass-through rates is between 73% and 103%. The mixed logit model provides a more flexible framework for studying pass-through rates than the logit model since the curvature of the demand functions depends upon the empirical distribution of consumer types.
影响因子：
6.1
作者：
BERRY, S;LEVINSOHN, J;PAKES, A
通讯作者：
PAKES, A