Markets

The Misallocation of Land and Other Factors of Production in India

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.

Working Paper
1 Mar 2015

Barriers to Private-Sector Arbitrage in Kenyan Maize Markets

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.

Research Note
24 Feb 2015

The Impact of Cartels in Low-Income Countries (ICLIC)

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.

Research Note
20 Feb 2015

Spatial Competition among Financial Service Providers and Optimal Contract Design

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,

Working Paper
28 Dec 2014

Microenterprise Competition, Social Pressures, and Innovation

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

Working Paper
1 Dec 2014

16th Call for ERG Proposals, Deadline: July 31, 2014 - CLOSED

The 16th Round of the Exploratory Research Grants under the PEDL initiative is now closed. Proposals for the 16th call must have been submitted by 5pm GMT on July 31st, 2014.

News
2 Sep 2014

The Effect of Market Association Political Power and Local Government Effectiveness on Trade: Evidence from Nigeria

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

Research Note
25 Jul 2014

Productivity and Competition in India's Brick Industry

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.

Research Note
25 Jul 2014

Essays on the Economics of Statelessness and State Formation

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

Working Paper
7 Jul 2014

Bandits or States? Armed Groups Extraction Strategies and the Economy: Evidence from Eastern Congo

This study uses data on modern-day Eastern Congo to explore whether returns to taxation of resources can explain the establishment of protection, taxation, and dispute resolution institutions.

Research Project
21 Jun 2014

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