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UID:event-9023@amse-aixmarseille.fr
DTSTAMP:20260417T093008Z
CREATED:20260417T093008Z
LAST-MODIFIED:20260417T093008Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:Development and political economy seminar - Meredith Startz
DTSTART:20220513T110000Z
DTEND:20220513T121500Z
DESCRIPTION:Distribution of goods often involves chains of multiple interme
 diaries engaged in sequential buying and reselling. Why do such chains aris
 e\, and how will changes in their structure due to changes in policy or tra
 de costs affect consumers? We show that internal economies of scale in trad
 e costs naturally generate chains with multiple intermediaries\, and that t
 his suggests developing country markets are more likely to be served via lo
 ng chains. Contrary to common wisdom\, cutting middlemen out can\, but does
  not necessarily\, benefit consumers. Instead\, there is a fundamental trad
 eoff between costs and entry that means even pure reductions in trade costs
  can have perverse effects. The proposed mechanism is simple\, but can acco
 unt for empirical patterns in wholesale firm size\, prices and markups that
  we document using original survey data on imported consumer goods in Niger
 ia. We estimate a structural version of the model for distribution of Chine
 se-made apparel in Nigeria\, and describe endogenous restructuring of chain
 s and the resulting impacts on consumer welfare in response to counterfactu
 al changes in regulation and e-commerce technologies. We find that cutting 
 out middlemen has heterogeneous impacts across locations\, but often harms 
 more remote consumers.\\n\\nContact: Timothée Demont: timothee.demont[at]
 univ-amu.frEva Raiber: eva.raiber[at]univ-amu.fr\n\nPlus d'informations: h
 ttps://amse-aixmarseille.fr/en/events/meredith-startz-2
LOCATION:MEGA
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/meredith-startz-2
CONTACT:Timothée Demont:&nbsp\;timothee.demont[at]univ-amu.frEva Raiber:&n
 bsp\;eva.raiber[at]univ-amu.fr
TRANSP:OPAQUE
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