Abstract
A general model is proposed of asymmetric price transmission to examine the volatility of retail spreads in vertical markets, with endogenous overshooting of the wholesale spreads. The model is tested with Indian data and significant asymmetries are discovered.
Original language | English |
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Pages (from-to) | 387-390 |
Journal | Applied Economics Letters |
Volume | 9 |
DOIs | |
Publication status | Published - 2002 |