Working Paper
Markups and concentration in South African manufacturing sectors
This paper uses newly available firm-level tax data to evaluate the market structure in South African manufacturing sectors in the period 2010–12. To describe the market structure we compute markups for South African manufacturing firms and...
Working Paper
Food Marketing Reconsidered
The liberalization of food marketing has been implemented as part of structural adjustment programmes in Sub-Saharan Africa. In this study we assess i) the aims of reform policy, ii) the implementation of specific reform measures, iii) the politics...
Working Paper
A Theory of Association
The utility from some 'commodities' depends on the allocation rule used to distribute it. If, for example, a prize for excellence in some field is given frequently to the highest bidders, its recipients would feel less happy than they would otherwise...