Markets

Agricultural Productivity and Structural Transformation: Evidence from Brazil

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.

Journal Article
9 Dec 2016

Financial Access Constraints, Misallocation and Firm Performance in the Zimbabwean Informal Manufacturing Sector

In this paper, Kamutando (2019) examines the link between financial constraints, misallocation and firm growth in the informal manufacturing sector in Zimbabwe.

Working Paper
8 Oct 2019

Social, Formal, and Political Determinants of Trade under Weak Rule of Law: Experimental Evidence from Senegalese Firms

When contracting institutions are weak or exploitable, firms in developing countries rely on a mixture of social and formal heuristics to select business partners.

Working Paper
2 Oct 2019

The Political Determinants of Economic Exchange: Evidence from a Business Experiment in Senegal

Economic growth requires confidence in the state's ability to enforce secure exchange. But when states selectively enforce rule of law, political considerations can moderate the trust that buyers have in sellers.

Working Paper
2 Oct 2019

The Politics of Order in Informal Markets: Evidence from Lagos

Property rights are important for economic exchange, but in much of the world they are not publicly guaranteed. Private market associations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort from group members.

Working Paper
2 Oct 2019

Tackling Youth Unemployment: Evidence from a Labor Market Experiment in Uganda

Alfonsi, Bandiera, Bassi, Burgess, Rasul, Sulaiman and Vitali (2019) design a labor market experiment to compare demand- and supply-side policies to tackle youth unemployment, a key issue in low-income countries.

Working Paper
2 Oct 2019

Competition, Financial Constraints and Misallocation: Plant-level Evidence from Indian Manufacturing

A commonly held and highly intuitive view is that intensified competition will improve the allocation of resources in an economy, by shifting resources to more productive firms.

Research Note
21 Jan 2019

Misallocation in the Market for Inputs: Enforcement and the Organization of Production

The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on Indian manufacturing plants, Boehm and Oberfield (2018) show that production and sourcing decisions appear systematically distorted in states with weaker enforcement.

Working Paper
14 Aug 2018

Landmines and Spatial Development

Landmine contamination affects the lives of millions in many conflict-ridden countries long after the cessation of hostilities. Yet, little research exists on its impact on post-conflict recovery.

Working Paper
11 Jul 2018

Bribes vs. Taxes: Market Structure and Incentives

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers.

Working Paper
9 Jul 2018

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