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| Quattri, Maria A.; Ozanne, Adam; Wang, Xioabing; Hall, Alastair R.. |
| The recognition that policies aimed at “getting prices right” in less developed countries were failing due to incomplete markets has spurred a new wave of reforms, directed instead at “getting markets and institutions right”. Although previous studies have documented the potentially crucial role of the brokerage institution in crop commercialisation, few have investigated what determines wholesalers’ decisions to use brokers. Using data collected in 2006/07 by Gabre-Madhin, IFPRI and EDRI, we examine Ethiopian traders’ decisions regarding whether or not they should use brokers, and how much. Independent variables are human, financial and social asset availability, implemented trading practices, access to infrastructure and institutions, location, travelled... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; O12; O13; O18. |
| Ano: 2011 |
URL: http://purl.umn.edu/108941 |
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| Quattri, Maria A.. |
| The availability of enabling institutions, information systems and infrastructure is a precondition to enhance agricultural markets’ efficiency, and make market actors less vulnerable to price instability. This paper investigates whether the focus on institutional and technological upgrading is enough to make Ethiopian agricultural markets more efficient. In particular, given that a requirement for exchange efficiency is the lack of unexploited mutually beneficial spatial arbitrage opportunities, we look for evidence of increasing returns to transaction size and returns to scale in transport using detailed trader surveys collected in 2001 and 2007. Whilst transport costs could be reduced by assembling loads and avoiding trans-shipments for the... |
| Tipo: Presentation |
Palavras-chave: Ethiopia; Market efficiency; International Development; Risk and Uncertainty; O13; Q13. |
| Ano: 2012 |
URL: http://purl.umn.edu/122512 |
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