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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24693 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w24693 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582365 |
推荐引用方式 GB/T 7714 | Robert T. Jensen,Nolan H. Miller. Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24693.pdf(886KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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