Department of Agricultural and Resource Economics                                                     ARE 251/Econ 270A, Fall 2010

Department of Economics                                                                                                                      Elisabeth Sadoulet

University of California at Berkeley                                                                                                                                  

                                                                                                                                                                                           

 

MICROECONOMICS OF DEVELOPMENT

Draft for list of references for second half-semester

THIS WILL BE UPDATED AND AVAILABLE ON THE WEB SITE AS THE SEMESTER UNFOLDS

(This includes all papers referred to in class, required readings marked with *)

 

I. Imperfection in Credit Market and Evidence on Credit Constraint

*Banerjee, Abhijit V., "Contracting Constraints, Credit Markets and Economic Development".  in Advances in Economics and Econometrics: Theory and Applications, Eighth World Congress, Volume III. Edited by Mathias Dewatripont, Lars Peter Hansen and Stephen J. Turnovsky. Cambridge University Press. 2004. link

Banerjee, Abhijit and Kaivan Munshi. ÒHow Efficiently is Capital Allocated? Evidence from the Knitted Garment Industry in Tirupur Review of Economic Studies 71(1): 19-42 – 2005. link

Hsieh, Chang-Tai and Peter Klenow. Misallocation and Manufacturing TFP in China and India,Ó Quarterly Journal of Economics, forthcoming pdf

*Cotler, Pablo, and Christopher Woodruff. ÒThe Impact of Short-Term Credit on Microenterprises: Evidence from the Fincomun-Bimbo Program in Mexico,Ó Economic Development and Cultural Change. 56(4):829–849, 2008.

Duflo, Esther and Abhijit V. Banerjee. Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program. (revised 2008).link

Yang, Dean. International Migration, Remittances, and Household Investment: Evidence from Philippine Migrants' Exchange Rate Shocks, The Economic Journal, Vol. 118, April 2008, pp. 591-630. link,

Woodruff Christopher and Rene Zenteno. ÒMigration networks and microenterprises in MexicoÓ.  Journal of Development Economics, Volume 82, Issue 2, March 2007, Pages 509-528. link

 

II.  Consequences of shocks and risks

Alderman, H., J. Hoddinott, and B. Kinsey."Long-term consequences of early childhood malnutrition" Oxford Economic Papers, 58(3) (2006), pp. 450-474 link

Beegle Kathleen, Rajeev H. Dehejia and Roberta Gatti. 2006. Child labor and agricultural shocks Journal of Development Economics,  81(1): 80-96. link

Bundervoet, Tom, Philip Verwimp, and Richard Akresh.  Health and Civil War in Rural Burundi, Journal of Human Resources, Spring 2009, 44(2), 536-563pdf

de Janvry, Alain, Frederico Finan, Elisabeth Sadoulet, and Renos Vakis. 2006. "Can Conditionnal Cash Transfers Serve as Safety Nets in Keeping Children at School and from Working when Exposed to Shocks?"  Journal of Development Economics, 79(2): 349-373. link

Dercon, Stefan. 2009. ÒFate and Fear:  Risk and its Consequences in AfricaÓ Journal of African Economies. 17(Supp. 2) pp: 97-127. Forthcoming.

*Fafchamps, Marcel, Jan Willem Gunning, and Remco Ostendorp. 2000. ÒInventories and Risk in African ManufacturingÓ. The Economic Journal, 110: 861-93. link

*Jayachandran, Seema, ÒSelling Labor Low: Wage Responses to Productivity Shocks in Developing Countries.Ó Journal of Political Economy, volume 114 (2006), pp. 538–575. link

Kochar, Anjini. ÒSmoothing Consumption by Smoothing Income: Hours-of-Work Responses to Idiosyncratic Agricultural Shocks in Rural India.Ó Review of Economics and Statistics (1999), Vol. 81, No. 1: 50-61. link

*Maccini, Sharon and Dean Yang. 2009 Under the Weather: Health, Schooling, and Economic Consequences of Early-Life Rainfall, American Economic Review, 99(3): 1006-1026. link

Hoyt Bleakley. Malaria Eradication in the Americas: A Retrospective Analysis of Childhood Exposure. American Economic Journal: Applied Economics 2 (April 2010): 1–45

Lucas Adrienne M. Malaria Eradication and Educational Attainment: Evidence from Paraguay and Sri Lanka. American Economic Journal: Applied Economics 2 (April 2010): 46-71

Cutler, David, Winnie Fung, Michael Kremer, Monica Singhal, and Tom Vogl Early-life Malaria Exposure and Adult Outcomes: Evidence from Malaria Eradication in India. American Economic Journal: Applied Economics 2 (April 2010): 72-94

 

 

III. Rural Financial Institutions

Ahlin, Christian, Robert M. Townsend (2007)  Using Repayment Data to Test Across Models of Joint Liability Lending  The Economic Journal 117 (517), F11–F51. link

Aubert, Cecile, Alain de Janvry and Elisabeth Sadoulet. 2009."Designing Credit Agent Incentives to Prevent Mission Drift in Pro-Poor Microfinance Institutions" Journal of Development Economics 90(1): 153-162. link

Banerjee, Abhijit, Esther Dufflo Rachel Glennerster, and Cynthia Kinnan. 2010 ÒThe miracle of microfinance? Evidence from a randomized evaluationÓ. J-PAL Working Paper, link

*de Janvry, Alain, Craig McIntosh, and Elisabeth Sadoulet. 2010. "The Supply and Demand Side Impacts of Credit Market InformationÓ Journal of Development Economics, 93(2): 173-188 link

Field, Erica and Rohini Pande. 2008 ÒRepayment Frequency and Default in Micro-Finance: Evidence from IndiaÓ Journal of European Economic Association Papers and Proceeding. Vol. 6 (2-3): 501-550. s link

*Ghatak, M; Guinnane, TW. "The economics of lending with joint liability: theory and practice." Journal of Development Economics 1999, 60(1):195-228. link .  See comments by Guttman, Joel M. 2008 Assortative matching, adverse selection, and group lending. Journal of Development Economics, 87(1):51-56. link

Gine, Xavier, Pamela Jakiela, Dean Karlan, and Jonathan Morduch . Microfinance Games (May 2009) American Economic Journal: Applied Economics, 2(3): 60–95. link

*Gine, Xavier, and Dean Karlan, Group versus Individual Liability: Long Term Evidence from Philippine Microcredit Lending Groups (May 2009), link

Karlan, Dean and Jonathan Morduch Access to Finance in Handbook of Development Economics, Dani Rodrik and Mark Rozensweig, eds. 

McIntosh, Craig, Alain de Janvry, and Elisabeth Sadoulet. "How Rising Competition among Microfinance Lenders Affect Incumbent Village Bank", The Economic Journal  (2005) 115(506). 987-1004. link

Pitt, Mark, and Shahidur Khandker.  " The Impact of Group Based Credit Programs on Poor Households in Bangladesh:  Does the Gender of Participants Matter?"  Journal of Political Economy, 1998, Vol.106 No. 5, pp. 958-996 link

Sajeda Amin, Ashok S. Rai and Giorgio Topa.  2003. Does microcredit reach the poor and vulnerable? Evidence from northern Bangladesh   Journal of Development Economics, 70(1): 59-82. link

Tedeschi, Gwendolyn Alexander. 2006. ÒHere today, gone tomorrow: Can dynamic incentives make microfinance more flexible?Ó Journal of Development Economics, 80(1), pp. 84-105 link

 

IV.  Decentralization and Local Governance

*Alderman, Harold. (2002). Do Local Officials Know Something We Dont?  Decentralization of Targeted Transfers in Albania. Journal of Public Economics 83 375-404. link

Bardhan, Pranab and Dilip Mookherjee. (2006). Pro-Poor Targeting and Accountability of Local Governments in West Bengal. Journal of Development Economics Vol 79, pp. 303-27. link

Besley, Timothy, Rohini Pande, Vijayendra Rao. 2007, "Just Rewards? Local Politics and Public Resource Allocation in South link.

Chattopadhyay, R. and Esther Duflo (2004).  ÒWomen as Policy Makers: Evidence from a Randomized Policy Experiment in India.Ó Econometrica, 72(5): 1409-1443.

de Janvry Alain, Hideyuki Nakagawa, and Elisabeth Sadoulet. 2009. "Pro-poor targeting and electoral rewards in decentralizing to communities the provision of local public goods in rural Zambia" link

de Janvry, Alain , Frederico Finan, and Elisabeth Sadoulet . 2008. ÒLocal Electoral Accountability and Decentralized Program PerformanceÓ. link

Galasso, Emanuela and Martin Ravallion. (2005). Decentralized Targeting of an Anti-Poverty Program. Journal of Public Economics 89(4): 705 link

Galiani, Sebastian, Paul Gertler, Ernesto Schargrodsky. 2008. ÒSchool Decentralization: Helping the Good get Better, but Leaving the Poor BehindÓ, Journal of Public Economics. 92(10-11): 2106-2120. link

Ravallion, Martin. (2009). Decentralizing Eligibility for a Federal Antipoverty Program: A Case Study for ChinaÓ World Bank Economic Review.  23(1): 1-30.

 

V. Technology Adoption

Conley, T. and C. Udry (2010). "Learning about a New Technology: Pineapple in Ghana." American Economic Review March 2010 link

*Duflo, E., M. Kremer, and Jonathan Robinson (2010). Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya, Harvard University Department of Economics working paper link

Foster, A. D. and M. R. Rosenzweig (1995). "Learning by Doing and Learning from Others: Human Capital and Technical Change in Agriculture." Journal of Political Economy 103(6): 1176-1209.

Foster, A. D., and M. R. Rosenzweig. 2010. "Microeconomics of Technology Adoption." Annual Review of Economics, Vol. 2,: 395-424. link

Gine, Xavier and Dean Yang. Insurance, Credit, and Technology Adoption: Field Experimental Evidence from Malawi, Journal of Development Economics, Vol. 89, 2009, p. 1-11. link

Liu, E. (2008). Time to Change What to Sow: Risk Preferences and Technology Adoption Decisions of Cotton Farmers in China, Princeton University working paper.link

Munshi, K. (2004). "Social learning in a heterogeneous population: technology diffusion in the Indian Green Revolution." Journal of Development Economics 73(1): 185-213.

Munshi, K. (2008). "Information Networks in Dynamic Agrarian Economies." Handbook of Development Economics 4. link

*Suri, Tavneet. 2009. Selection and comparative advantage in technology adoption, forthcoming Econometrica NBER WP 15346.pdf

 

VI Property Rights

Bandiera, Oriana. 2007. "Land Tenure, Investment Incentives, and the Choice of Techniques: Evidence from Nicaragua" The World Bank Economic Review, 21 (3): 487-508 link

Besley, Timothy. 1995. Property Rights and Investment Incentives: Theory and Evidence from Ghana. The Journal of Political Economy, Vol. 103, No. 5. pp. 903-937.link

Deininger, Klaus and Songqing Jin. 2006. ÒTenure security and land-related investment: Evidence from EthiopiaÒ. European Economic Review 50(5), pp. 1245-1277 link

Gershon Feder; Tongroj Onchan; Yongyuth Chalamwong. 1988. ÒLand Policies and Farm Performance in Thailand's Forest Reserve Areas.Ó Economic Development and Cultural Change, 36(3) : 483-501.

Gine, Xavier, 2005. Cultivate or Rent out? Land Security in Rural Thailand, World Bank Policy Research Working Paper WPS 3734. link.

*Goldstein, Markus and Christopher Udry. 2008. The Profits of Power: Land Rights and Agricultural Investment in Ghana. Journal of Political Economy. Volume 116, Issue 6, Page 981–1022, Dec 2008  link

*Jacoby H.G., Li G., and Rozelle S. (2002). ÒHazards of Expropriation: Tenure Insecurity and Investment in Rural ChinaÓ. The American Economic Review, 92(5) pp. 1420-1447. link

Jacoby H.G. and Bart Minten. 2007. Is Land Titling in Sub-Saharan Africa Cost-Effective? Evidence from Madagascar " The World Bank Economic Review, 21 (3): 461-485  link

Jacoby, Hanan, and Ghazala Mansuri. 2008. ÒLand Tenancy and Non-Contractible Investment in Rural Pakistan.Ó Review of Economic Studies.  75(3): 763 – 788. link

Macours, Karen, Alain de Janvry, and Elisabeth Sadoulet. 2007.  "Insecurity of Property Rights and Matching in the Tenancy Market". link