Lesotho

The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production-Consumption Approach

Despite efforts to increase integration within Africa, product markets remain segmented between countries. Nchake et al.

Journal Article
1 Jan 2019

Price-setting Behavior and Competition in Developing Countries: An Analysis of Retail Outlets in Lesotho

Nchake, Edwards and Sundaram (2018) study the relationship between price-setting behavior and the degree of competition in a setting where markets and information flows are relatively imperfect.

Journal Article
1 Dec 2018

Dataset on retail outlet product prices for Botswana, Lesotho and South Africa

The data presented in this article by Nchake, Edwards and Rankin (2018) are related to the research article entitled “Closer monetary union and product market integration in emerging economies: Evidence from the Common Monetary Area in Southern Africa” (Nc

Journal Article
1 Aug 2018

Price Effects of Borders Between Lesotho and South Africa

Despite efforts to increase integration within Africa, product markets remain segmented between countries.

Working Paper
1 Jun 2017

Price Setting Behaviour in Lesotho: Stylised Facts from Consumer Retail Prices

This paper by Edwards and Nchake (2015), published in the South African Journal of Economics, documents some of the main features of price-setting behaviour by retail outlets in Lesotho over the period March 2002 to December 2009.

Journal Article
1 Jun 2015

Price Integration in Low-Income Countries: Market Structure and Retail Price-Setting Behaviour in Lesotho

This research note by Mamello Nchake and Lawrence Edwards (both University of Cape Town) summarizes the authors' stylised findings on price-setting behaviour among retail outlets in Lesotho using disaggregated product price data.

Research Note
2 May 2014

Product Market Price Integration in Developing Countries

Widespread empirical evidence of price discrimination in markets for goods and services suggests that national markets should be viewed as segmented rather than integrated. Yet, this research is almost entirely driven by studies of price setting behaviour in developed countries.

Working Paper
1 Nov 2013

Price Integration in Low-Income Countries: Market Structure and Retail Price-Setting Behaviour in Lesotho

This project examines price-setting behavior in Lesotho to understand pricing and market segmentation in low-income countries characterized by frictions preventing price arbitrage, such as weak infrastructure, poor distribution networks, and 'thin' markets. 

Research Project
1 May 2012