Transaction costs and smallholder household access to maize markets in Zambia

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dc.contributor.authorBwalya, Richard
dc.contributor.authorMugisha, Johnny
dc.contributor.authorHyuha, Theodora
dc.date.accessioned2019-04-24T11:01:57Z
dc.date.available2019-04-24T11:01:57Z
dc.date.issued2013-09
dc.descriptionThis is a full length Research Paper a part of a masters thesis.en
dc.description.abstractAfter 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.en
dc.description.sponsorshipDeutscher Akademischer Austauschdienst (DAAD) German Academic Exchange Serviceen
dc.identifier.citationRichard, B., Mugisha, J. and Hyuha, T. (2013) "Transaction costs and smallholder household access to maize markets in Zambia," Journal of Development and Agricultural Economicsen
dc.identifier.issn2006-9774
dc.identifier.urihttp://dspace.unza.zm/handle/123456789/5861
dc.language.isoenen
dc.publisherJournal of Development and Agricultural Economicsen
dc.relation.ispartofseriesVol. 8(9), pp. 328-336,;Article in a Journal
dc.subjectTransaction costsen
dc.subjectmaizeen
dc.subjectmarket accessen
dc.subjectZambiaen
dc.titleTransaction costs and smallholder household access to maize markets in Zambiaen
dc.typeArticleen
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