Institutions and competitiveness: the case of Lima’s wholesale markets

Areas : Employment, productivity and innovation
Researcher/s in charge : Ricardo Fort
Other researchers : Mauricio Espinoza
Execution time:October 2017


This study aims to analyze the reasons why traditional wholesale markets retain a leading role in the food retail trade in Lima, in spite of the entry of supermarkets in the surrounding areas. Specifically, three main objectives are sought:

i. To describe the expansion of wholesale markets in Metropolitan Lima, as well as to analyze the main factors that explain or limit this expansion.

ii. To analyze the mechanisms and factors that explain the involvement of traders in traditional wholesale markets in the face of competition arising from the expansion of modern marketing channels.

iii. To analyze the role of institutional (informal) elements in allowing traditional wholesale markets to compete with supermarkets, at least to some extent.