Competition

This project considers financial constraints as barriers to entry and growth and examines whether easing these constraints can induce entry of more dynamic start-ups with greater long-run growth potential than by removing explicit entry barriers.

The research team constructs a database on cartels in developing countries to carry out a quantitative assessment of the economic effects of cartels on growth, which will inform regulators on the potential for competition law enforcement to contribute to economic development. 

This project examines potential switching costs for borrowers of formal credit and the impact of these costs on the competitiveness of the lending market.