Markets

Consumer search and firm location: Theory and evidence from the garment sector in Uganda

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.

Research Note
10 Mar 2023

An Investigation into Product Market Integration in the Economic Community of West African States (ECOWAS)

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.

Working Paper
23 Feb 2023

The collusion trap: Theory with evidence from informal markets in Lagos, Nigeria

Informal actors often compete with formal or regulated ones. Regulated actors therefore can be natural allies in government attempts to enforce laws and regulations. Yet they often are not.

Journal Article
31 Jan 2023

Consumer Search and Firm Location: Theory and Evidence from the Garment Sector in Uganda

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

Working Paper
18 Dec 2022

Firm Survival and Turnover: Do Legal Form, Local Competition, Productivity, and Profitability Matter for Firms in Senegal?

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

Working Paper
17 Nov 2022

The Effect of Warehouse Receipt Finance on Terms of Trade for Farmers

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.

Research Note
19 Aug 2022

Labour Market Power, Self-employment, and Development

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

Research Note
9 Aug 2022

Does the Invisible Hand Efficiently Guide Entry and Exit? Evidence from a Vegetable Market Experiment in India

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?

Working Paper
14 Jul 2022

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

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

Journal Article
12 Jun 2022

Can Informed Buyers Improve Goods Quality? Experimental Evidence from Crop Seeds

High-quality agricultural inputs play an important role in boosting agricultural productivity and supporting food security in low-income countries.

Research Note
20 Apr 2022

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