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Missing links, missing markets: Internal exchanges, reciprocity and external connections in the economic networks of Gambian villages

Dany Jaimovich

MPRA Paper from University Library of Munich, Germany

Abstract: A unique dataset of social and economic networks collected in 60 rural Gambian villages is used to study the ways in which households with links outside the village (that are considered as a proxy for market connections) behave in the locally available exchange networks for land, labor, input and credit. Using measures gleaned from the social network analysis literature, the econometric results at both household and link (dyadic) level provide evidence of: (i) substitutability between internal and external links, and (ii) substitutability between internal reciprocation and external links. These findings provide support for the transformation process of primitive economies described in a long tradition of anthropological work as well as recent theoretical models.

Keywords: Social Networks; Missing markets; Gift economy; Economic Anthropology; West Africa (search for similar items in EconPapers)
JEL-codes: C31 O12 Z13 (search for similar items in EconPapers)
Date: 2013-01
New Economics Papers: this item is included in nep-afr, nep-agr, nep-dev and nep-soc
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https://mpra.ub.uni-muenchen.de/44080/2/MPRA_paper_44080.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/55758/1/MPRA_paper_55758.pdf revised version (application/pdf)

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