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Rocco Macchiavello
London School of Economics and Political Science
Dr Rocco Macchiavello holds a PhD in Economics from LSE, where he is currently Professor in Management. Previously, Dr. Macchiavello has been a Post-Doctoral Fellow at Nuffield College (Oxford University), Harvard Kennedy School, and a Professor of Economics at Warwick University. Dr. Macchiavello acts as Lead Academic for the IGC – Myanmar Country Program and is a research affiliate with BREAD, CEPR and IPA. Dr. Macchiavello's research interests lie at the intersection of development, organisational and industrial economics. His research covers several topics (relational contracts, vertical integration, supply chain, lending models, risk management, management and productivity), countries (Bangladesh, Chile, Costa Rica, Colombia, Ethiopia, India, Kenya, Myanmar, Pakistan and Rwanda), and sectors (coffee, flowers, dairy and garments). For his research, he has collaborated with numerous government agencies, international organizations, social enterprises and large companies.
MORE ABOUT ROCCO MACCHIAVELLO >2023
Julia Cajal-Grossi, Davide Del Prete, and Rocco Macchiavello
Supply chain disruptions and sourcing strategies
Supply chain disruptions have recently been at the center of both academic and policy debates. After reviewing some of the emerging literature on supply chain disruptions, we discuss the role of buyers' sourcing strategies in mediating responses to such shocks. We focus on two dimensions of a b...
2023
Christopher Ksoll, Rocco Macchiavello, Ameet Morjaria
Electoral Violence and Supply Chain Disruptions in Kenya’s Floriculture Industry
Violent conflicts, particularly at election times in Africa, are a common cause of instability and economic disruption. This paper studies how firms react to electoral violence using the case of Kenyan flower exporters during the 2008 postelection violence as an example. The violence induced a large...
Laura Boudreau, Julia Cajal-Grossi, and Rocco Macchiavello
Global Value Chains in Developing Countries: A Relational Perspective from Coffee and Garments
There is a consensus that global value chains have aided developing countries' growth. This essay highlights the governance complexities arising from participating in such chains, drawing from lessons we have learned conducting research in the coffee and garment supply chains. Market power of i...
2023
Julia Cajal-Grossi, Rocco Macchiavello, and Guillermo Noguera
Buyers’ Sourcing Strategies and Suppliers’ Markups in Bangladeshi Garments
Do suppliers' margins in global value chains depend on buyers' approach to sourcing? We distinguish between international buyers adopting relational versus spot sourcing strategies in the Bangladeshi garment sector. Our data allow us to match inputs used by exporters to produce specific or...
2020
Rocco Macchiavello, Ameet Morjaria
Competition and Relational Contracts in the Rwanda Coffee Chain
How does competition affect market outcomes when formal contracts are not enforceable and parties’ resort to relational contracts? Difficulties with measuring relational contracts and dealing with the endogeneity of competition have frustrated attempts to answer this question. We make progress by ...
2019
Arthur Blouin, Rocco Macchiavello
Strategic Default in the International Coffee Market
This article studies strategic default on forward sale contracts in the international coffee market. To test for strategic default, we construct contract-specific measures of unanticipated changes in market conditions by comparing spot prices at maturity with the relevant futures prices at the contr...
2015
Rocco Macchiavello, Ameet Morjaria
The Value of Relationships: Evidence from a Supply Shock to Kenyan Rose Exports
This paper provides evidence on the importance of reputation in the context of the Kenyan rose export sector. A model of reputation and relational contracting is developed and tested. A seller's reputation is defined by buyer's beliefs about seller's reliability. We show that (i) due ...
