Pass-Through as a Test for Market Power: An Application to Solar Subsidies
We 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. Bu...
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Format: | Article |
Language: | English |
Published: |
American Economic Association,
2021-03-03T21:00:14Z.
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Subjects: | |
Online Access: | Get fulltext |