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

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

The Microstructure of Corporate Bond Markets in Emerging Economies: Evidence from Africa

By exploring the microstructure, this study seeks to address the frictions, inefficiencies and lack of competition of corporate bond markets in Africa.

Research Project
1 Jun 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” (M. A. Nchake, L. Edwards, N. Rankin, 2017).

Working Paper
22 May 2018

Does Technical Efficiency Dominate Resource Reallocation in Aggregate Productivity Growth? Evidence from Swazi Manufacturing

Is the effect of input reallocation on aggregate productivity growth (APG) less than that of technical efficiency? A robust finding in two influential meta-analyses by Bartelsman et al. (2004) and Paǵes et al.

Working Paper
7 Mar 2018

Investment Dynamics, Unobserved Heterogeneity and Endogenous Investment Switching Regime in Manufacturing

This paper by Samuel V. Mhlanga (2018) investigates the industrial effects of true state dependence, the sales-to-capital ratio and unobserved heterogeneity on the rate of investment in plant, machinery and equipment (PME) in Swaziland. A range of fixed and random effects estimators are compared.

Working Paper
7 Feb 2018

Land Mines and Spatial Development

What happens to the economic performance of a region contaminated by explosive remnants of war (unexploded ordnance and landmines) when it is finally cleared? Which regions benefit the most? And what are the aggregate country-wide effects of landmine clearance?

Research Note
19 Jan 2018

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