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In many developing and emerging economies, better employment opportunities in the non-farm sector have increased rural wages due to labour shortages during the peak agricultural season. Increasing wages often cause a substitution of labour for mechanical power, but extensive use of labour-saving...
Persistent link: https://www.econbiz.de/10014501543
In this paper, we study the effects of the spread of COVID-19 on retail and wholesale prices of urban markets in India, as well as price distortion between markets and the mark-up between retail and wholesale prices. Using fixed-effects panel regression models, we find that with the spread of...
Persistent link: https://www.econbiz.de/10015323821