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CentrePiece article
in brief... Competition and pass-through on the Greek islands
Christos Genakos and Mario Pagliero
June 2021
Paper No' CEPCP605:
Full Paper (pdf)

CentrePiece 26 (2) Summer 2021

Tags: trade; competition

A fundamental issue in economics is how firms deal with unexpected cost increases, perhaps arising from taxes, exchange rate fluctuations or rising input prices: what drives the extent to which they pass the costs through to the prices they charge? To explore the relationship between 'pass-through' and competition within a sector, Christos Genakos and Mario Pagliero take us to the Greek islands.

This article summarises ‘Competition and Pass-through: Evidence from Isolated Markets’ by Christos Genakos and Mario Pagliero, CEP Discussion Paper No. 1638