Data/hora: 02/06/2024 00:52:17

Provedor de dados: 	31	
País: 	United States	
Título: 	Transaction Costs and Market Institutions: Grain Brokers in Ethiopia	
Autores: 	Gabre-Madhin,   Eleni Z.	
Data: 	2010-12-01	
Ano: 	1999	
Palavras-chave: 	Grain; Economic aspects; Grain Prices; Ethiopia; Grain Trade; East Africa; Marketing.	
Resumo: 	This paper examines the effect of transaction costs of search on the institution of grain brokers in Ethiopia. Primary data are used to derive traders’ shadow opportunity costs of labor and of capital from IV estimation of net profits. A twostep Tobit model is used in which traders first choose where to trade and then choose whether to use a broker to search on their behalf. The results confirm traders’ individual rationality in choosing brokerage, showing high transaction costs are linked to increased broker use while high social capital reduces broker use.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/97388	
Relação: 	International Food Policy Research Institute&gt;MTID Discussion Papers

MSSD Discussion Paper

31	
Formato: 	37