Is it enough? evidence from a natural experiment in India's agriculture markets

Management Science

Volumn 62, Issue 9, 2016, Pages 2481-2503

  Parker, Chris ^a   Ramdas, Kamalini ^b   Savva, Nicos ^b  

^a PENNSYLVANIA STATE UNIVERSITY   (United States)

^b LONDON BUSINESS SCHOOL   (United Kingdom)

Author keywords

Agricultural supply chains; Information and communication technology; Natural experiment; Price dispersion

Indexed keywords

AGRICULTURE; CELLULAR TELEPHONES; COMMERCE; COSTS; DISPERSIONS; MOBILE PHONES; SUPPLY CHAINS; TELEPHONE CIRCUITS; TELEPHONE SETS;

AGRICULTURAL SUPPLY CHAINS; INFORMATION AND COMMUNICATION TECHNOLOGIES; INFORMATION PROVIDER; MARKET PARTICIPANTS; MOBILE PHONE NETWORKS; MOBILE PHONE TECHNOLOGY; NATURAL EXPERIMENT; PRICE DISPERSION;

CELLULAR TELEPHONE SYSTEMS;

EID: 84988664656     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.2015.2270     Document Type: Article

References (47)

1. Aker JC (2008) Does digital divide or provide? The impact of cell phones on grain markets in Niger. Center for Global Development Working Paper 154, Center for Global Development in Europe, London.
2. Aker JC (2010) Information from markets near and far: Mobile phones and agricultural markets in Niger. Amer. Econom. J. : Appl. Econom. 2(3):46-59.
3. Aker JC, Mbiti IM (2010) Mobile phones and economic development in Africa. J. Econom. Perspect. 24(3):207-232.
4. Arora V (2010) Politics, not faith, brings violence. Guardian (September 30), http://www. theguardian. com/commentisfree/belief/2010/sep/30/politics-not-faith-brings-violence.
5. Bakos JY (1991) Strategic analysis of electronic marketplaces. MIS Quart. 15(3):295-310.
6. Bartsch U, Gupta AS, Sharma M (2010) India economic update. Working paper, World Bank, Washington, DC.
7. Baye MR, Morgan J (2001) Information gatekeepers on the Internet and the competitiveness of homogeneous product markets. Amer. Econom. Rev. 91(3):454-474.
8. Baye MR, Morgan J, Scholten P (2004) Price dispersion in the small and in the large: Evidence from an Internet price comparison site. J. Indust. Econom. 52(4):463-496.
9. Baye MR, Morgan J, Scholten P (2006) Information, search, and price dispersion. Hendershott T, ed. Economics and Information Systems, (Elsevier, Oxford, UK), 323-376.
10. Brynjolfsson E, Smith MD (2000) Frictionless commerce? A comparison of Internet and conventional retailers. Management Sci. 46(4):563-585.
11. Cameron AC, Gelbach JB, Miller DL (2011) Robust inference with multiway clustering. J. Bus. Econom. Statist. 29(2):238-249.
12. Central Intelligence Agency (2012) The CIA World Factbook 2012 (Skyhorse Publishing, New York).
13. Chen S, Ravallion M (2010) The developing world is poorer than we thought, but no less successful in the fight against poverty. Quart. J. Econom. 125(4):1577-1625.
14. Daszykowski M, Walczak B, Massart DL (2002) Looking for natural patterns in analytical data 2 Tracing local density with OPTICS. J. Chem. Inform. Comput. Sci. 42(3):500-507.
15. Devalkar SK, Anupindi R, Sinha A (2011) Integrated optimization of procurement, processing, and trade of commodities. Oper. Res. 59(6):1369-1381.
16. Dickey DA, Fuller WA (1979) Distribution of the estimators for autoregressive time series with a unit root. J. Amer. Statist. Assoc. 74(366):427-431.
17. Einav L, Kuchler T, Levin J, Sundaresan N (2015) Assessing sale strategies in online markets using matched listings. Amer. Econom. J. : Microeconom. 7(2):215-247.
18. Ellison G, Ellison SF (2009) Search, obfuscation, and price elasticities on the Internet. Econometrica 77(2):427-452.
19. Fafchamps M, Minten B (2012) Impact of SMS-based agricultural information on Indian farmers. World Bank Econom. Rev. 26(3):383-414.
20. Fan CS, Wei X (2006) The law of one price: Evidence from the transitional economy of China. Rev. Econom. Statist. 88(4):682-697.
21. Futch M, McIntosh C (2009) Tracking the introduction of the village phone product in Rwanda. Inform. Tech. Internat. Development 5(3):54-81.
22. Gatti JRJ, Kattuman P (2003) Online price dispersion within and between seven European countries. Baye MR, ed. Advances in Applied Microeconomics, Vol. 12 (JAI Press, Greenwich, CT), 107-141.
23. Ghose A, Yao Y (2011) Using transaction prices to re-examine price dispersion in electronic markets. Inform. Systems Res. 22(2):269-288.
24. Goyal A (2010) Information, direct access to farmers, and rural market performance in central India. Amer. Econom. J. : Appl. Econom. 2(3):22-45.
25. Hsiao C (2003) Analysis of Panel Data, 2nd ed. (Cambridge University Press, Cambridge, UK).
26. Independent Evaluation Group (2011) An evaluation of World Bank Group activities in information and communication technologies: Capturing technology for development. Report, World Bank Group, Washington, DC.
27. Indian Express (2014) Telcos file complain against disruption of services. (April 8), http://indianexpress. com/article/india/india-others/telcos-file-complain-against-disruption-of-services/.
28. Internet and Mobile Association of India (2012) Internet in rural India. Report, Internet and Mobile Association of India, Mumbai.
29. Isard P (1977) How far can we push the law of one price? Amer. Econom. Rev. 67(5):942-948.
30. Jensen R (2007) The digital provide: Information (technology), market performance, and welfare in the south Indian fisheries sector. Quart. J. Econom. 122(3):879-924.
31. Jensen RT (2010) Information, efficiency, and welfare in agricultural markets. Agricultural Econom. 41(S1):203-216.
32. Levin A, Lin C-F, Chu C-SJ (2002) Unit root tests in panel data: Asymptotic and finite-sample properties. J. Econometrics 108(1):1-24.
33. Maddala GS, Wu S (1999) A comparative study of unit root tests with panel data and a new simple test. Oxford Bull. Econom. Statist. 61(S1):631-652.
34. Malone TW, Yates J, Benjamin RI (1987) Electronic markets and electronic hierarchies. Comm. ACM 30(6):484-497.
35. Markides C (2009) Reuters Market Light: A new business model in action. Case study, London Business School, London.
36. Mittal S, Gandhi S, Tripathi G (2010) Socio-economic impact of mobile phones on Indian agriculture. Working Paper 246, Indian Council for Research on International Economic Relations, New Dehli.
37. NDTV. com (2015) Ayodhya verdict: Temple politics in Uttar Pradesh. (October 2), http://www. ndtv. com/india-news/ayodhya-verdict-temple-politics-in-uttar-pradesh-434024.
38. Overby E, Forman C (2015) The effect of electronic commerce on geographic purchasing patterns and price dispersion. Management Sci. 61(2):431-453.
39. Parsley DC, Wei S-J (1996) Convergence to the law of one price without trade barriers or currency fluctuations. Quart. J. Econom. 111(4):1211-1236.
40. Ryan KF, Giles DE (1998) Testing for unit roots in economic timeseries with missing observations. Fomby T, Hill R, eds. Messy Data, Advances in Econometrics, Vol. 13 (JAI Press, Greenwich, CT), 203-242.
41. Sorensen AT (2000) Equilibrium price dispersion in retail markets for prescription drugs. J. Political Econom. 108(4):833-850.
42. Svensson J, Yanagizawa D (2009) Getting prices right: The impact of the market information service in Uganda. J. Eur. Econom. Assoc. 7(2-3):435-445.
43. Tambe P, Hitt LM (2013) Measuring information technology spillovers. Inform. Systems Res. 25(1):53-71.
44. Tang Z, Smith MD, Montgomery A (2010) The impact of shopbot use on prices and price dispersion: Evidence from online book retailing. Internat. J. Indust. Organ. 28(6):579-590.
45. Thomas S (2003) Agricultural commodity markets in India: Policy issues for growth. IGIDR Working paper, Indira Gandhi Institute of Development Research, Mumbai, India.
46. U. S. Agency for International Development (2010) Using ICT to provide agriculture market price information in Africa. Briefing paper, USAID, Washington, DC.
47. Wooldridge JM (2006) Cluster-sample methods in applied econometrics: An extended analysis. Working paper, Michigan State University, East Lansing.