Markets

In this paper, published in the American Economic Review, Bustos, Caprettini and Ponticelli (2016) study the effects of the adoption of new agricultural technologies on structural transformation.

This paper shows that self-employment shapes the market power of employers in lowincome countries, with implications for industrial development.

How do consumers’ information frictions affect firms’ choice of location within a city? This paper combines an original data collection and a quantitative equilibrium model of consumer search and firm location to answer this question.

This study examines the extent of market integration within the West African sub-region using the theory of “law of one price”. The dataset covers three countries: Nigeria, Benin and Togo accounting for about three quarters of the sub-region economy.

This paper studies the role of consumer information frictions in driving firms’ location choices within cities.

This paper documents the determinants of firms’ probability of exiting from 2008 to 2020 in Senegal.

Can warehouse receipt finance improve trading terms for small farmers and reduce price seasonality? We study this question in the context of a warehouse receipt program in India using detailed market data and warehouse locations.

Self-employment opportunities shape the market power of employers in low-income countries, with implications for manufacturing sector growth and industrial policy.

What accounts for the ubiquity of small vendors operating side-by-side in the urban centers of developing countries? Why don’t competitive forces drive some vendors out of the market?

How do firms ensure secure exchange when the rule of law is weak and contracting institutions privilege the politically connected?