Data and Replication files for The High and Falling Price of Cement in Africa

Principal Investigator(s):  View help for Principal Investigator(s) Fabrizio Leone, Universite Libre de Bruxelles; Rocco Macchiavello, LSE; Tristan Reed, World Bank

Version:  View help for Version V1

Name File Type Size Last Modified
  WHYMAP_WOKAM 06/17/2024 02:30:PM
ERL_13_064006_SD_TableS3-converted.xlsx application/vnd.openxmlformats-officedocument.spreadsheetml.sheet 32.9 KB 06/17/2024 10:12:AM
PRIVATE INTL CARTELS FULL DATA 2019-08-30 RESERVE Edition 2019.5.xlsx application/vnd.openxmlformats-officedocument.spreadsheetml.sheet 36.2 MB 06/17/2024 10:12:AM
africa_fertilizer_org.xlsx application/vnd.openxmlformats-officedocument.spreadsheetml.sheet 56.9 KB 06/17/2024 10:12:AM
book_countries.dta application/x-stata-dta 7.1 KB 06/17/2024 10:12:AM
country_names.dta application/x-stata-dta 17 KB 06/17/2024 10:12:AM
dist_cepii.dta application/x-stata-dta 1.8 MB 06/17/2024 10:12:AM
doing_business_historical_data.dta application/x-stata-dta 3.3 MB 06/17/2024 10:12:AM
eia_bituminousCoal.xlsx application/vnd.openxmlformats-officedocument.spreadsheetml.sheet 13.4 KB 06/17/2024 10:12:AM
fips.txt text/plain 6.1 KB 06/17/2024 10:12:AM

Project Description

Summary:  View help for Summary  Prices for several intermediate inputs, including cement, are higher in developing economies---particularly in Africa. Combining recent data from the International Comparison Program with a global directory of cement firms we estimate an industry equilibrium model to distinguish between drivers of international price dispersion: demand, costs, conduct, and entry. Developing economies feature both higher marginal costs and higher markups. African markets are not characterized by less competitive conduct and, if anything, feature lower barriers to entry. The small size of many national markets, however, limits entry and competition and explains most of the higher markups and prices. Policy implications are discussed.

Scope of Project

Subject Terms:  View help for Subject Terms cement; price dispersion; africa; market power; market size
JEL Classification:  View help for JEL Classification
      L13 Oligopoly and Other Imperfect Markets
      L61 Metals and Metal Products; Cement; Glass; Ceramics
      O12 Microeconomic Analyses of Economic Development
Geographic Coverage:  View help for Geographic Coverage Africa, World


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Published Versions

V1 [2025-03-11]

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