The Digital Provide: Information (Technology), Market Performance, and Welfare in the South Indian Fisheries Sector
@article{Jensen2007TheDP,
title={The Digital Provide: Information (Technology), Market Performance, and Welfare in the South Indian Fisheries Sector},
author={Robert T. Jensen},
journal={Quarterly Journal of Economics},
year={2007},
volume={122},
pages={879-924}
}When information is limited or costly, agents are unable to engage in optimal arbitrage. Excess price dispersion across markets can arise, and goods may not be allocated efficiently. In this setting, information technologies may improve market performance and increase welfare. Between 1997 and 2001, mobile phone service was introduced throughout Kerala, a state in India with a large fishing industry. Using microlevel survey data, we show that the adoption of mobile phones by fishermen and…
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