000 01133nam a22001457a 4500
999 _c518894
_d518894
008 211218b ||||| |||| 00| 0 eng d
100 _aEmran,, M. Shahe et al
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245 _aCredit rationing and pass-through in supply chains: Theory and evidence from Bangladesh
260 _aAmerican Economic Journal: Applied Economics
300 _a13(3), Jul, 2021: p.202-236
520 _aTraders are often blamed for high prices, prompting government regulation. We study the effects of a government ban of a layer of financing intermediaries in edible oil supply chain in Bangladesh during 2011–2012. Contrary to the predictions of a standard model of an oligopolistic supply chain, the ban caused downstream wholesale and retail prices to rise, and pass-through of the changes in imported crude oil price to fall. These results can be explained by an extension of the standard model to incorporate trade credit frictions, where intermediaries expand credit access of downstream traders. – Reproduced
773 _aAmerican Economic Journal: Applied Economics
906 _aBANGLADESH - ECONOMIC CONDITIONS
942 _cAR