Department   Undergraduate School  , School of Commerce
   Position   Professor
Language English
Publication Date 2014/09
Type Academic Journal
Peer Review Peer reviewed
Title "Cost Pass-Through and Inverse Demand Curvature in Vertical Relationships with Upstream and Downstream Competition", Economics Letters
Contribution Type Co-authored (other than first author)
Journal Economics Letters
Journal TypeAnother Country
Publisher Elsevier
Volume, Issue, Page 124(3),pp.465-468
Author and coauthor Takanori Adachi and Takeshi Ebina
Details This paper provides two characterizations of the retailer's markup relative to the manufacturer's markup in vertical relationships with homogeneous manufacturers and homogeneous retailers. We first show that retailer's relative markup is equal to the ratio of the retail pass-through to the wholesale pass-through, multiplied by the number of manufacturers relative to the number of retailers. We then provide its expression in terms of the inverse demand curvature.
URL for researchmap https://researchmap.jp/ebinatakeshi2010/