Markets

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
1 Apr 2019

Leveraging Custom Hire Markets for Increasing Scale and Productivity

This project aims to rigorously identify what type of market arrangements and infrastructure provide the most sustainable environment for agricultural rental markets of equipment to arise, or how the entry of formal rental opportunities impact informal renting arrangements.

Research Project
27 Mar 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

The Role of Industry and Economic Context in Open Innovation: Evidence from Nigeria

Using innovation survey data on a sample of UK manufacturing firms, Laursen and Salter (2006) documented a non-monotonous relationship between external search strategies and firm-level innovative performance.

Book Chapter
1 Jan 2019

The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production-Consumption Approach

Despite efforts to increase integration within Africa, product markets remain segmented between countries. Nchake et al.

Journal Article
1 Jan 2019

Price-setting Behavior and Competition in Developing Countries: An Analysis of Retail Outlets in Lesotho

Nchake, Edwards and Sundaram (2018) study the relationship between price-setting behavior and the degree of competition in a setting where markets and information flows are relatively imperfect.

Journal Article
1 Dec 2018

Identifying Productivity Spillovers Using the Structure of Production Networks

Despite the importance of agglomeration externalities in theoretical work, evidence for their nature, scale, and scope remains elusive, particularly in developing countries.

Working Paper
1 Dec 2018

When Regional Policies Fail: An Evaluation of Indonesia’s Integrated Economic Development Zones

Throughout the developing world, many countries have created special economic zones to attract investment and spur industrial growth.

Working Paper
1 Dec 2018

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

This working paper by Galle (2018) demonstrates a dual impact of increased competition on misallocation in a setting with both oligopolistic competition and financial constraints.

Working Paper
1 Oct 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” (Nc

Journal Article
1 Aug 2018

Pages