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.accessioned2022-02-23T15:23:55Z
dc.date.available2022-02-23T15:23:55Z
dc.date.issued2013
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 ox-carts, 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_US
dc.identifier.citationBwalya, R., Mugisha, J., & Hyuha, T. (2013). Transaction costs and smallholder household access to maize markets in Zambia. Journal of Development and Agricultural Economics, 5(9), 328-336.https://doi.org/10.5897/JDAE12.134en_US
dc.identifier.issn2006-9774
dc.identifier.urihttps://nru.uncst.go.ug/xmlui/handle/123456789/2280
dc.language.isoenen_US
dc.publisherJournal of Development and Agricultural Economicsen_US
dc.subjectTransaction costs, maize, market access, Zambia.en_US
dc.titleTransaction Costs And Smallholder Household Access To Maize Markets In Zambiaen_US
dc.typeArticleen_US
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