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    Transaction costs and smallholder household access to maize markets in Zambia

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    Transaction costs and smallholder household access to maize markets in Zambia.pdf (469.6Kb)
    Date
    2013-09
    Author
    Bwalya, Richard
    Mugisha, Johnny
    Hyuha, Theodora
    Type
    Article
    Language
    en
    Metadata
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    Abstract
    After liberalization of the Zambian economy, farmers were faced with the responsibility of finding the right buyers, negotiating prices and delivering produce leading to them incurring transaction costs. This study aimed at identifying and quantifying transaction costs factors and their impact on maize market participation for small holder farmers in Zambia. The study used primary data collected from a sample of 240 randomly selected households from Zambia’s central Province. The Heckman’s procedure was used to analyze factors affecting the likelihood and extent of participation in maize markets. The logit results (from the Heckman’s two-stage process) show that ownership of assets such as radios and having access to alternative marketing channels increased the likelihood of market participation while the heckit results (OLS corrected for selectivity bias) shows that ownership of oxcarts, increased family size and experience in maize marketing were the factors that increased quantities of maize marketed. The study recommends provision of market information, improving accessibility to markets as well as increasing access to productive assets as means of alleviating impact of transaction costs.
    URI
    http://dspace.unza.zm/handle/123456789/5861
    Citation
    Richard, B., Mugisha, J. and Hyuha, T. (2013) "Transaction costs and smallholder household access to maize markets in Zambia," Journal of Development and Agricultural Economics
    Sponsorship
    Deutscher Akademischer Austauschdienst (DAAD) German Academic Exchange Service
    Publisher
    Journal of Development and Agricultural Economics
    Subject
    Transaction costs
    maize
    market access
    Zambia
    Description
    This is a full length Research Paper a part of a masters thesis.
    Collections
    • Agricultural and Rural Development [4]

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