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来源类型Working Paper
规范类型报告
DOI10.3386/w24693
来源IDWorking Paper 24693
Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India
Robert T. Jensen; Nolan H. Miller
发表日期2018-06-11
出版年2018
语种英语
摘要In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware of the prices and quality of non-local firms. They therefore mostly buy locally, limiting firms’ potential market size (and competition). We explore this hypothesis using a natural experiment in the Kerala boat-building industry. As consumers learn more about non-local builders, high quality builders gain market share and grow, while low quality firms exit. Aggregate quality increases, as does labor specialization, and average production costs decrease. Finally, quality-adjusted consumer prices decline.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w24693
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582365
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Robert T. Jensen,Nolan H. Miller. Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India. 2018.
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