Markets

Assessing the Spatial Concentration of Indonesia’s Manufacturing Sector: Evidence from Three Decades

Beyond the role of economic forces, many theories of economic geography emphasize the way politics can shape the spacial configuration of economic activity.

Working Paper
1 Dec 2016

The Allocative Efficiency of Land in India

This study of misallocation of inputs and output in Indian manufacturing reveals that, although more productive establishments in India tend to produce more output, factors of production are grossly misallocated.

Research Note
28 Nov 2016

Ethnic Contract Enforceability

Many states struggle to enforce contracts. The origin of the state's "legal capacity" to enforce contracts is often explained as a result of past choices by rulers.

Working Paper
11 Oct 2016

Economic Development, Flow of Funds and the Equilibrium Interaction of Financial Frictions

In this working paper Moll, Townsend and Zhorin (2016) use a variety of different data sets from Thailand to study not only the extremes of micro and macro variables but also within-country flow of funds and labor migration.

Working Paper
27 Mar 2016

The Economics of Platforms in a Walrasian Framework

In this working paper Townsend and Jain (2016) present a tractable model of platform competition in a general equilibrium setting, allowing multiple platforms to emerge.

Working Paper
1 Jan 2016

Turnover Taxes and Productivity: Evidence from a Brazilian Tax Reform

Caprettini and Ciccone (2015) exploit a Brazilian tax reform to study the productivity losses caused by taxes on turnover, a type of tax that distorts transactions between firms and that is common in developing countries.

Working Paper
29 Nov 2015

Effects of Land Misallocation on Capital Allocations in India

Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This working paper by Kerr, Duranton, Grover and Ghani (2016) considers the possible misallocation of financial loans.

Working Paper
1 Oct 2015

Tariff Reform and Product Market Integration in Developing Countries: The Case of Zambia

This project investigates the extent and determinants of intra-national product market integration using a price approach in the context of Zambia, a low-income and landlocked country in Sub-Saharan Africa.

Research Note
8 Jul 2015

Bandits or States? Armed Group Expropriation Strategies and the Economy: Evidence from Eastern Congo

Building on previous exploratory work, this study utilizes data from conflict-affected Eastern Congo to examine the formation of ‘states’ by armed groups, their taxation activities, and policies aimed at reducing their state capacity. 

Research Project
29 Jun 2015

Direct and Indirect Impacts of Credit for SMEs

This randomized controlled trial in partnership with a development bank in the Philippines employs credit scoring for small and medium enterprise (SME) lending and measures the impact of credit on SME growth - both directly for firms receiving loans and indirectly for their competitors.

Research Note
19 Jun 2015

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