Commodities Price Pass-Through in Costa Rica, Does the Level of Competition influence?

 

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Dettagli Bibliografici
Autori: Álvarez Corrales, Cristian, Esquivel Monge, Manfred
Natura: artículo original
Status:Versión publicada
Data di pubblicazione:2018
Descrizione:We study the presence of asymmetries in the pass-through of commodities prices to domestic prices in Costa Rica by means of structural distributed lags models to deal with the asymptotic bias that emerges when censored VAR models (the traditional approach) are employed to capture asymmetries. The pass-through to consumer price index does not show evidence of asymmetry, but in products associated with wheat, maize, rice and fertilizers the pass-through is asymmetric. We also found that the asymmetry becomes higher as the concentration of suppliers increases.
Stato:Portal de Revistas UCR
Istituzione:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Lingua:Español
OAI Identifier:oai:portal.ucr.ac.cr:article/33855
Accesso online:https://revistas.ucr.ac.cr/index.php/economicas/article/view/33855
Keyword:MATERIAS PRIMAS
TRASPASO DE PRECIOS
ASIMETRÍAS
ORGANIZACIÓN INDUSTRIAL
MODELOS ESTRUCTURALES
COMMODITIES
PASS-THROUGH OF PRICES
ASYMMETRIES
INDUSTRIAL ORGANIZATION
STRUCTURAL MODELS