This study examines the extent of market integration within the West African sub-region using the theory of “law of one price”. The dataset covers three countries: Nigeria, Benin and Togo accounting for about three quarters of the sub-region economy.
Can warehouse receipt finance improve trading terms for small farmers and reduce price seasonality? We study this question in the context of a warehouse receipt program in India using detailed market data and warehouse locations.
Bargaining over real prices with microenterprise owners in Ghana, we show that sellers with less per capita household liquidity agree to lower sale prices.
We study whether adding informed buyers to a market can improve the quality of goods supplied by sellers, in an environment where goods quality is difficult to observe.
This paper documents the evolution of markups and concentration, detects causality between firm churning and markups/concentration, and determines the impact of fixed costs on markups.
Fertilizer use remains below recommended rates in most of Sub-Saharan Africa, contributing to low crop yields and poverty. Michelson et al. (2021) explore the role of fertilizer quality.