Markets

A Market-Based Solution for Fire Sales and Other Pecuniary Externalities

In economies with a continuum of agents of different types, pecuniary externalities are removed with market exchanges.

Journal Article
1 Jan 2021

Competition and Entry in Agricultural Markets: Experimental Evidence from Kenya

African agricultural markets are characterized by low farmer revenues and high consumer food prices. Many have worried that this wedge is partially driven by imperfect competition among intermediaries.

Journal Article
1 Dec 2020

Do Marketing Channel Reforms Increase Competition? Evidence from Indian Produce Markets

In this paper Alé Chilet and Itin-Shwartz (2020) study the effectiveness of marketing channel liberalization in increasing competition among traders and prices obtained by farmers for their produce.

Working Paper
1 Dec 2020

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.

Journal Article
1 Nov 2020

Exerting Market Power: Competition Among Agricultural Traders in Kenya

This research note describes experimental evidence from Kenya on intermediary market structure. We find that traders act consistently with joint profit maximization.

Research Note
1 Jul 2020

COVID-19, Firm Dynamics and Market Structure in Urban Uganda

This project will document firm and market dynamics in Uganda  before and during the COVID-19 pandemic.

Research Project
30 Jun 2020

Middlemen: Understanding Wholesale and Retail Distribution Chains in Nigeria

In this project, Grant, Grossman and Startz will collect, analyse, and make available to other researchers data that traces the distribution of manufactured consumer goods in Nigeria.

Research Project
1 Mar 2020

Capital Accumulation and Structural Transformation

Several scholars argue that high agricultural productivity can retard industrial development because it draws resources toward the comparative advantage sector, agriculture.

Journal Article
3 Jan 2020

Market-level Effects of Competition: Prices, Quality and Mechanisms

This project will analyse how increased competition affects prices, quality, and firm entry and exit at the market level through a randomised rollout of new stores by an NGO with a reputation for high quality.

Research Project
1 Jan 2020

The Politics of Order in Informal Markets: Evidence from Lagos

Property rights are important for economic exchange, but in many parts of the world, they are not publicly guaranteed.

Journal Article
1 Jan 2020

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