Markets

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

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

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
18 Jun 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

Closer Monetary Union and Product Market Integration in Emerging Economies: Evidence from the Common Monetary Area in Southern Africa

This study by Nchake, Edwards and Rankin (2017), published in the International Review of Economics and Finance, utilizes detailed micro price data to estimate the impact of closer monetary union on the integration of product markets across countries, considering two

Journal Article
1 Mar 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

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

The timely enforcement of supplier contracts by courts of justice is an important determinant of firms’ organizational structure and overall productivity.

Research Note
18 Jan 2018

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

This paper 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.

Working Paper
1 Jan 2018

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