scholarly journals Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India

2018 ◽  
Author(s):  
Robert Jensen ◽  
Nolan Miller
2018 ◽  
Vol 108 (12) ◽  
pp. 3583-3625 ◽  
Author(s):  
Robert Jensen ◽  
Nolan H. Miller

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. (JEL D22, D83, L15, L25, L62, O12, O14)


2021 ◽  
pp. 0958305X2110474
Author(s):  
Da Gao ◽  
Ge Li ◽  
Yi Li

Energy efficiency is the key to green development, and the government plays a vital role in energy efficiency. This paper clarifies the mechanism by which the Yangtze River Delta Economic Coordination Committee affects the energy efficiency of urban agglomeration by promoting market integration. Based on panel data of China's prefecture-level cities from 2004 to 2017, we take the Yangtze River Delta Economic Coordination Committee as a quasi-natural experiment of government cooperation and use the difference-in-difference method to test whether this organization has enhanced the energy efficiency of urban agglomeration. The results show that the Yangtze River Delta Economic Coordination Committee can significantly improve energy efficiency in urban agglomerations. The mechanism analysis shows that it reduces the energy consumption per unit of gross domestic product by enhancing the marketization level, perfecting the relationship between the government and the market, and improving the factor market development. The heterogeneity analysis shows that cities with lower city size, lower level of innovation, and cleaner industrial structures gain more benefits in energy efficiency from government cooperation in urban agglomeration. This paper provides empirical evidence for cities to realize integrated energy conservation through government cooperation and market integration.


PsycCRITIQUES ◽  
2015 ◽  
Vol 60 (4) ◽  
Author(s):  
Chi-Yue Chiu ◽  
Letty Yan-Yee Kwan

2010 ◽  
pp. 94-107 ◽  
Author(s):  
E. Vinokurov ◽  
A. Libman

The paper applies a new dataset of the System of Indicators of Eurasian Integration to evaluate the changes of level and direction of economic interaction of the post-Soviet states in the last decade. It analyzes the integration dynamics in the area of trade and migration as well as on three functional markets of agricultural goods, electricity and educational services. The paper concludes that the level of trade integration on the post-Soviet space continues declining, while there is a rapid increase of the labor market integration. Three largest countries of the Eurasian Economic Community - Russia, Belarus and Kazakhstan - demonstrate positive integration dynamics, but small countries maintain the leading position in the area of post-Soviet integration.


Author(s):  
William Viney

Stephen Jay Gould, the biologist and author, once joked that were he an identical twin raised separately from his brother they could ‘hire ourselves out to a host of social scientists and practically name our fee’. In order to monetise Gould’s fantasy, one would want a form of twinship that could operate according to evidential, experimental, somatic and circumstantial ideals. And Gould admits that he and his brother would need to be viewed as ‘the only really adequate natural experiment for separating genetic from environmental effects in humans’. This chapter seeks to interrogate the evidential and experimental circumstances that may underpin the comic quips that guide modern biology. In human genetics, twins are used as experimental bodies that are made to matter in particular ways and for particular people; they become newly ‘animate’ for being enrolled into scientific research. Raised in cultures assumed to be alike or dissimilar, isolated by researchers for being valuable in the measured disentanglement of assembled molecular agents (which are sometimes distinguished from an assemblage referred to as an ‘environment’), twins achieve a status of experimental significance not just for what they do but also for what they are taken to be.


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