Pasaje de costos a precios: evidencia microeconómica para comercios minoristas en Uruguay

Pablo Blanchard

No 21-27, Documentos de Trabajo (working papers) from Instituto de Economía - IECON

Abstract: In this paper, I estimate the pass-through rates of cost to prices in small and medium retail stores for rice, tomato pulp and flour in Uruguay using a structural model. A demand system for differentiated products is estimated using a logit model of random coefficients. I use the demand estimation jointly with pricing rules in order to recover marginal costs, profit margins and the pass-through rates. I found pass through rates ranging from 25% to 86% in median for the whole country under Nash-Bertrand price competition and ratios between 11% and 78% when collusion is assumed. I use information about prices and quantities sold to beneficiaries of a Uruguayan social program. The work presents two relevant limitations in terms of the information used: only the quantities acquired through the social program are available and there is no information available for the universe of the varieties of each product.

Keywords: D43; L11; L81 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2021-11
New Economics Papers: this item is included in nep-com
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Downloads: (external link)
https://hdl.handle.net/20.500.12008/30938

Related works:
Working Paper: Pasaje de costos a precios: evidencia microeconómica para comercios minoristas en Uruguay (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ulr:wpaper:dt-27-21

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