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100 _aGanapati, Sharat et al
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245 _aTaken by storm: Hurricanes, migrant networks, and US immigration
260 _aAmerican Economic Journal: Applied Economics
300 _a12(2), Apr, 2020: p.303-342
520 _aWe study how changes in energy input costs for US manufacturers affect the relative welfare of manufacturing producers and consumers (i.e., incidence). We also develop a methodology to estimate the incidence of input taxes that accounts for incomplete pass-through, imperfect competition, and substitution among inputs. For the several industries we study, 70 percent of energy price-driven changes in input costs get passed through to consumers in the short to medium run. The share of the welfare cost that consumers bear is 25–75 percent smaller (and the share producers bear is larger) than models featuring complete pass-through and perfect competition would suggest.- Reproduced
650 _aManufacturers - United States,
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773 _aAmerican Economic Journal: Applied Economics
906 _aMIGRATION - UNITED STATES
942 _cAR