인도·남아시아
연구정보
[경제] Does the Invisible Hand Efficiently Guide Entry and Exit? Evidence from a Vegetable Market Experiment in India
인도 국외연구자료 연구보고서 - CEPR 발간일 : 2022-07-20 등록일 : 2022-07-26 원문링크
What accounts for the ubiquity of small vendors operating side-by-side in the urban centersof developing countries? Why don't competitive forces drive some vendors out of the market? We ran an experiment in Kolkata vegetable markets in which we induced (via subsidizing) some vendors to sell additional produce. The vendors earned higher profits, even when excluding the value of the subsidy. Nevertheless, after the subsidies ended vendors largely stopped selling the additional produce. Our results are consistent with collusion and inertial business practices suppressing competition and efficient market exit.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 AIF의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [경제] Banking on Transparency for the Poor: Experimental Evidence from India | 2022-07-26 |
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| 다음글 | [정치외교] India’s Fog of Misunderstanding Surrounding Nepal–China Relations | 2022-07-26 |