Institutional adjustment and transaction costs: product and inputs markets in the Tanzanian coffee system

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dc.creatorWinter-Nelson, Alex
dc.creatorTemu, Anna
dc.date.accessioned2023-04-18T08:44:12Z
dc.date.accessioned2025-08-05T07:27:06Z
dc.date.available2023-04-18T08:44:12Z
dc.date.created2023-04-18T08:44:12Z
dc.date.issued2002
dc.description.abstractCommodity market liberalization can improve incentives for production of export crops by reducing the total costs of transforming products through space, form and time, or by reducing the costs of arranging and completing transactions. While liberalization often leads to reduced costs in output exchange, it can remove opportunities for linked input–output transactions that sometimes lowered the costs of providing finance in state-controlled markets. Assessments of liberalization that focus on output exchange alone obscure the impact of rising transaction costs in finance. This study of liberalization in the Tanzanian coffee market documents declining costs in output marketing, rising transaction costs for financing farm activities, and differential, but generally positive, net impacts on growers.
dc.identifierhttp://www.suaire.sua.ac.tz/handle/123456789/5202
dc.identifier.urihttp://repository.costech.or.tz/handle/20.500.14732/97850
dc.languageen
dc.publisherElsevier Science Ltd
dc.relationVol. 30, No. 4, pp. 561–574, 2002;
dc.subjectAfrica
dc.subjectTanzania
dc.subjectAgricultural markets
dc.subjectInstitutions
dc.subjectLiberalization
dc.subjectTransaction costs
dc.titleInstitutional adjustment and transaction costs: product and inputs markets in the Tanzanian coffee system
dc.typeArticle

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