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Estimating Transaction Costs in Tanzanian Supply Chains

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dc.creator Mkenda, Beatrice K.
dc.creator Campenhout, Bjorn V.
dc.date 2016-07-08T12:19:39Z
dc.date 2016-07-08T12:19:39Z
dc.date 2011-04
dc.date.accessioned 2018-03-27T09:05:15Z
dc.date.available 2018-03-27T09:05:15Z
dc.identifier Mkenda, B.K. and Van Campenhout, B., 2011. Estimating transaction costs in Tanzanian supply chains. Documento de Trabalho do Centro de Crescimento Internacional, 11, p.0898.
dc.identifier http://hdl.handle.net/20.500.11810/2906
dc.identifier.uri http://hdl.handle.net/20.500.11810/2906
dc.description Kilimo Kwanza1 emphasizes modernization and commercialization of agriculture, which entails improving current technology used, and access and participation of smallholder farmers in markets. However, market participation is not costless. Transaction costs exist in all market exchange, and high transport costs, which are an element of transaction costs2 , are a major deterrent for market participation of farmers in Africa, and they affect the price farmers receive3 as well as their productivity (Hine and Ellis, 2001). This implies that a reduction in transaction costs can encourage smallholder farmers to participate in marketing of their produce. In addition, and potentially more important in the longer run, the increased prices may trigger the farmer to review his product portfolio in the light of these new opportunities. As such, indirectly, the reductions of inefficiencies along the marketing chain may lead to everlasting productivity gains through a reshuffle of the product portfolio of smallholder farmers that better exploits their comparative advantage.
dc.language en
dc.title Estimating Transaction Costs in Tanzanian Supply Chains
dc.type Journal Article, Peer Reviewed


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