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The Falling Price of Cement in Africa (English)

Prices for several intermediate inputs, including cement, are higher in developing economies—particularly in Africa. Combining data from the International Comparison Program with a global directory of cement plants 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...
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Leone, Fabrizio; Macchiavello,Rocco; Reed,Tristan.

The Falling Price of Cement in Africa (English). Paper is funded by the Knowledge for Change Program (KCP)|Policy Research working paper|no. WPS 9706 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/727041624328488778

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