文章基本信息

标题：The Impact of Regulatory Change on Retail Pricing: The New York State Milk Price Gouging Law
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作者：Rabinowitz, Adam N. ; Liu, Yizao
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2014
页码：178-192
出版社：Journal of Agribusiness
摘要：This study examines the causal effect of a change in administration of the New York State milk price gouging law on retail milk prices. Specifically, we focus on the November 2008 shift from a threshold pricing policy that consisted of monthly announced prices to a fixed margin policy. Using a regression discontinuity approach, we find lower prices and thus increased consumer welfare for retail milk purchasers in New York State. Furthermore, the change in application of the law may have eliminated previously hypothesized coordination in pricing by retailers through a more competitive retail milk environment.
关键词：milk;price gouging;regression discontinuity design;regulatory policy;retail prices