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Marketing externalities and...
Emran and Shilpi use survey data from Bangladesh to present empirical evidence on externalities at household level sales decisions resulting from increasing returns to marketing. The increasing returns that arise from thick market effects and fixed costs imply that a trader is able to offer higher prices to producers if the marketed surplus is higher in villages. The semi-parametric estimates identify highly nonlinear own and cross commodity externality effects in the sale of farm households. The vegetable markets in villages with low marketable surplus seem to be trapped in segmented local market equilibrium. The analysis points to the coordination failure in farm sale decisions as a plausible explanation for the lack of development of rural markets even after market liberalization policies are implemented. This paper--a product of Rural Development, Development Research Group--is part of a larger effort in the group to understand the process of development of rural markets. The authors may be contacted at fshilpi@worldbank.org or emran@stanford.edu
Monografía
monografia Rebiun23112709 https://catalogo.rebiun.org/rebiun/record/Rebiun23112709 m o d cr bn||||||abp cr bn||||||ada 100712s2002 dcua ob i000 0 eng d 226019847 960116009 987686806 1029504572 1044302464 1056422234 1060905732 1066529010 1074986647 1088466151 9781098614805 1098614801 OCLCE eng pn OCLCE OCLCQ CUS OCLCQ AU@ OCLCF OCLCQ OCLCO COO OCLCQ CAUOI OCLCQ UAB FIE OCLCQ CEF WYU MERER OCLCQ dlr Emran, M. Shahe Marketing externalities and market development M. Shahe Emran, Forhad Shilpi Washington, D.C. World Bank, Development Research Group, Rural Development [2002] Washington, D.C. Washington, D.C. World Bank, Development Research Group, Rural Development 1 online resource (31 pages) illustrations 1 online resource (31 pages) Text txt rdacontent computer c rdamedia online resource cr rdacarrier Policy research working paper 2839 Use copy. Restrictions unspecified star. MiAaHDL Emran and Shilpi use survey data from Bangladesh to present empirical evidence on externalities at household level sales decisions resulting from increasing returns to marketing. The increasing returns that arise from thick market effects and fixed costs imply that a trader is able to offer higher prices to producers if the marketed surplus is higher in villages. The semi-parametric estimates identify highly nonlinear own and cross commodity externality effects in the sale of farm households. The vegetable markets in villages with low marketable surplus seem to be trapped in segmented local market equilibrium. The analysis points to the coordination failure in farm sale decisions as a plausible explanation for the lack of development of rural markets even after market liberalization policies are implemented. This paper--a product of Rural Development, Development Research Group--is part of a larger effort in the group to understand the process of development of rural markets. The authors may be contacted at fshilpi@worldbank.org or emran@stanford.edu Electronic reproduction. [Place of publication not identified] HathiTrust Digital Library 2010. MiAaHDL Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Economies of scale- Econometric models Externalities (Economics)- Econometric models Marketing- Econometric models Economies of scale- Econometric models. Externalities (Economics)- Econometric models. Marketing- Econometric models. Agriculture and Rural Development Banking, Finance, and Investment Private Sector Electronic books Shilpi, Farhad Jahan Banco Internacional de Reconstrucción y Fomento. Development Research Group. Rural Development Print version Emran, M. Shahe. Marketing externalities and market development. Washington, D.C. : World Bank, Development Research Group, Rural Development, [2002] (OCoLC)50020220 Policy research working papers no. 2839