Transaction costs and market institutions: grain brokers in Ethiopia

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 two-step Tobit model is used in which traders first choose whe...

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Detalles Bibliográficos
Autor principal: Gabre-Madhin, Eleni Zaude
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1999
Materias:
Acceso en línea:https://hdl.handle.net/10568/161364

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