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| Matungul, Pierre M.; Ortmann, Gerald F.; Lyne, Michael C.. |
| High transaction costs are detrimental to the efficient operation or existence of markets for inputs and outputs. The cost of information and the costs associated with the search for trade partners, distance to formal markets and contract enforcement are likely to influence the marketing of food crops. This study hypothesises that the level of income generated from food crop sales by small-scale farmers in the Impendle and Swayimana districts of KwaZulu-Natal, South Africa, is influenced by transaction costs and certain household and farm characteristics. Regression analysis shows that the depth of marketing methods is significantly influenced by transaction cost proxies such as cooperation with large commercial farmers and ownership of means of transport.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/6958 |
