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DESCRIPTION:Moynihan Institute of Global Affairs&nbsp\;Trade\, Development 
 and Political Economy presentsCutting Out The Middleman: The Structure of 
 Chains of IntermediationAuthors: Meredith\nStartz and Matthew Grant Wholes
 alers and other\nintermediaries play a major role in trade. In survey data
  from Nigeria\, the\nauthors find that there are on average at least three
  separate intermediaries\nbetween an international manufacturer and a Nige
 rian consumer. The authors\nmodel the formation of these chains\, and thei
 r implications for measurement of\ntrade costs and consumer welfare across
  locations within Nigeria. They find\nthat consumers in entrepôts benefit 
 from indirect demand flowing through their\nlocation\, and consumers in en
 d destinations can also benefit from longer chains\nof intermediation in s
 ome cases. Taking chains into account also suggests that\nestimates of dis
 tance costs in developing countries are biased upward\, and may\ncontribut
 e less to consumer-producer price gaps than typically thought.&nbsp\; Mere
 dith StartzAssistant Professor\, EconomicsDartmouth CollegeMeredith Startz
  is an Assistant Professor of Economics at Dartmouth. Her research is at t
 he\nintersection of development and trade\, and focuses on how contracting
  problems\nshape transactions and firms in developing countries. Click her
 e to registerFor more information\, please contact Devashish Mitra\, dmitr
 a@syr.edu or to request accommodation arrangements\, please contact Morgan
  Bicknell\, mebickne@syr.edu.
DTEND:20210510T213000Z
DTSTAMP:20260510T165039Z
DTSTART:20210510T200000Z
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SUMMARY:Cutting Out The Middleman: The Structure of Chains of Intermediatio
 n
UID:RFCALITEM639140142391650756
X-ALT-DESC;FMTTYPE=text/html:<p>Moynihan Institute of Global Affairs&nbsp\;
 </p><p>Trade\, Development and Political Economy presents</p><p><br></p><p
 ><strong>Cutting Out The Middleman: The Structure of Chains of Intermediat
 ion</strong></p><p><strong>Authors: Meredith\nStartz and Matthew Grant</st
 rong> </p><p><br></p><p>Wholesalers and other\nintermediaries play a major
  role in trade. In survey data from Nigeria\, the\nauthors find that there
  are on average at least three separate intermediaries\nbetween an interna
 tional manufacturer and a Nigerian consumer. The authors\nmodel the format
 ion of these chains\, and their implications for measurement of\ntrade cos
 ts and consumer welfare across locations within Nigeria. They find\nthat c
 onsumers in entrepôts benefit from indirect demand flowing through their\n
 location\, and consumers in end destinations can also benefit from longer 
 chains\nof intermediation in some cases. Taking chains into account also s
 uggests that\nestimates of distance costs in developing countries are bias
 ed upward\, and may\ncontribute less to consumer-producer price gaps than 
 typically thought.&nbsp\; </p><p><br><strong></strong></p><p><strong>Mered
 ith Startz</strong></p><p>Assistant Professor\, Economics</p><p>Dartmouth 
 College</p><p><br></p><p>Meredith Startz is an Assistant Professor of Econ
 omics at Dartmouth. Her research is at the\nintersection of development an
 d trade\, and focuses on how contracting problems\nshape transactions and 
 firms in developing countries. </p><p><br></p><p><a href="https://syracuse
 university.zoom.us/meeting/register/tJYlde2rqz0vEtbrvB8x7vX0BxWV_5tsiDoS "
  title="Click here to register">Click here to register</a></p><p><br>For m
 ore information\, please contact Devashish Mitra\, dmitra@syr.edu or to re
 quest accommodation arrangements\, please contact Morgan Bicknell\, mebick
 ne@syr.edu.</p>
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