VAT pass-through and competition: Evidence from the Greek islands

被引：1

作者：

Dimitrakopoulou, Lydia ^{[1
]}

Genakos, Christos ^{[2
,3
]}

Kampouris, Themistoklis ^{[4
]}

Papadokonstantaki, Stella ^{[5
]}

机构：

[1] Vienna Univ Econ & Business, Vienna, Austria

[2] Univ Cambridge, Cambridge Judge Business Sch, CEP, Cambridge, England

[3] CEPR, London, England

[4] DIW Berlin, Berlin, Germany

[5] Washington Univ St Louis, St Louis, MO USA

来源：

INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION | 2024年 / 97卷

关键词：

Pass-through; Tax incidence; Gasoline; Value added tax (VAT); Market structure; Competition; Greek islands; EMPIRICAL-EVIDENCE; TAX INCIDENCE; MARKET; ENTRY; OLIGOPOLY; INDUSTRY; TAXATION; REFORMS; MERGER; IMPACT;

D O I：

10.1016/j.ijindorg.2024.103110

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examine how competition affects VAT pass-through in isolated oligopolistic markets as defined by the Greek islands. Using daily gasoline prices and a difference-in-differences methodology, we investigate how changes in VAT rates are passed through to consumers in islands with different market structure. We show that pass-through increases with competition, going from 50% in monopoly to around 80% in more competitive markets, but remains incomplete. We also discover a rapid rate of adjustment for VAT changes, as well as a positive relationship between competition and the rate of price adjustment. Finally, we document higher pass-through for products with more inelastic demand.

引用

页数：18

共 55 条

[21] Unit Sales and Price Effects of Preannounced Consumption Tax Reforms: Micro-level Evidence from European VAT [J].