Markets

This paper by Kerr, Duranton, Grover and Ghandi (2015) quantifies the misallocation of manufacturing output and factors of production between establishments across Indian districts during 1989–2010.

Limited access to capital, risk of unpredictable price fluctuations, and the availability of more profitable alternatives may limit traders’ willingness to arbitrage away seasonal price fluctuations in African agricultural markets.

An estimation of the aggregate economic harm caused by cartels in developing countries provides evidence that it can be substantial irrespective of the scale of the economy in question.

In this working paper Townsend and Zhorin (2014) present a contract-based model of industrial organization that allows us to consider in a unified way both different information frictions (moral hazard, adverse selection, both) and a variety of market structures (monopoly, imperfect competition,

What is the nature of competition amongst densely-located, largely similar microenterprises in the developing world?

This project examines how the political power of market associations and local government effectiveness affect contractual trade and extortion in Lagos.

A detailed survey of the Indian brick industry, collected for this study, shows substantial productivity dispersion, attributable to both technology differences and efficiency variation within each technology.

This dissertation empirically examines economic exchange in the absence of the state.