01863cas a2200289 a 4500 AALejournalIMF021538 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513571546 1018-5941 BD-DhAAL BD-DhAAL The Role of Market Structure and Timing in Determining VAT Pass-Through. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (56 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We examine the role of market characteristics and timing in explaining observed heterogeneity in VAT pass-through. We first extend existing theory to characterize the roles of imperfect competition and product differentiation, then investigate these relationships empirically using a panel of 14 Eurozone countries between 1999 and 2013. We find important roles for product market regulation and product quality, and little impact of advance announcement of reforms. Our findings have important implications for policy-makers considering VAT rate adjustments, by illuminating which of the consumers or the producers would experience the brunt of a reform across different settings. Mode of access: Internet Competition imf Pass Through imf Price Effect imf Product Differentiation imf Value Added Tax imf IMF Working Papers; Working Paper ; No. 2021/061 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/061/001.2021.issue-061-en.xml IMF e-Library