The Impact of Connectivity on Market Interlinkages: Evidence from Rural Punjab
AbstractUp to the 1980s it was generally accepted that many key issues in agrarian development could not be studied without an understanding of market interlinkages. Recently, however, this theory has lost its importance in development literature. Based on a household-level survey from rural Pakistan, this paper seeks to re-introduce the importance of interlinkages by illustrating their exploitative potential, particularly in unequal isolated villages where landlords are essentially monopolist/monopsonist. The solution proposed is to break isolation. Making use of an exogenous shock found in the construction of a motorway, the study finds that while connectivity does not break interlinkages completely, it does significantly reduce their exploitative nature.
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Bibliographic InfoArticle provided by Elsevier in its journal World Development.
Volume (Year): 40 (2012)
Issue (Month): 5 ()
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Web page: http://www.elsevier.com/locate/worlddev
interlinked markets; connectivity; bargaining power; South Asia; Pakistan;
Other versions of this item:
- Mahvish Shami, 2010. "The Impact of Connectivity on Market Interlinkages; Evidence from Rural Punjab," IFRO Working Paper 2010/12, University of Copenhagen, Department of Food and Resource Economics.
- R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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