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022 _a0022-2186
040 _aMSU
_bEnglish language
_cMSU
_erda
050 _aHB73 JOU
100 _aBrock Blomberg S.
_eauthor
245 1 _aLines in the sand
_bprice dispersion across iraq's intranational borders before, during and after the surge
_cby S. Brock Blomberg and Rozlyn C. Engel
264 _aChicago
_bUniversity of Chicago Press
_c2012
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of law & economics
_vVolume 55, number 3
520 _aAbstract This paper tests the impact of a change in security commitment on market development in a country embroiled in low-intensity conflict. We analyze weekly price data for approximately 250 goods from 18 Iraqi cities between 2005 and 2008. Our paper suggests four empirical regularities associated with price dispersion and market development in postwar Iraq. First, the degree of intracountry price dispersion in Iraq is higher than that reported for a typical industrialized nation. Second, the degree of price dispersion decreased significantly during 2007, coincident with the change in U.S. security strategy known as the “surge.” Third, the economic impact of the surge is geographically uneven but loosely follows patterns of U.S. deployment—with price dispersion decreasing by roughly one-third in areas targeted during the surge but remaining relatively static in other areas. Finally, we find that internal ethnoreligious divisions have relatively modest effects on price dispersion
650 _aAverage prices
_xCities
650 _aDyadic relations
_xGravity models
650 _aInternational borders
_xMarket prices
700 _aEngel, Rozlyn C.
_eco author
856 _uhttps://doi.org/10.1086/666586
942 _2lcc
_cJA
999 _c164010
_d164010