Marketization Costs and Household Specialization: Evidence from Indian Farmers
March 31, 2016Macro, Trade, and Finance Seminar Series

Speaker: Nicholas Li is an Assistant Professor of Economics at University of Toronto. More »

Abstract: Farmers in developing countries consume a large fraction of the goods they produce. Marketization costs that drive a wedge between the value of selling goods or purchasing them from the market provide one explanation. These costs can affect the gains from specialization through occupational and crop choice. Using multiple Indian data sets and the expansion of India's Public Distribution System in the 1990s and 2000s as a natural experiment I test this explanation and quantify its impacts on patterns of agricultural production.


Last Updated: Mar 28, 2016

The Macro, Trade, and Finance Seminar Series is a weekly series hosted by the World Bank's research department. The series invites leading researchers from the fields of macroeconomics, growth, trade, international integration, and finance to present the results of their most recent research in a seminar format. The full list of seminars can be viewed here.

Last Updated: Jul 27, 2015

Event Details
  • Date: March 31, 2016
  • Location: MC 9-100
  • Time: 12:30 – 2:00 pm
  • CONTACT: Shweta Mesipam

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