1998
DOI: 10.1080/00220389808422568
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Farm‐to‐market transaction costs and specialisation in small‐scale agriculture: Explorations with a non‐separable household model

Abstract: To cite this article: Steven Were Omamo (1998) Farm-to-market transaction costs and specialisation in small-scale agriculture: Explorations with a non-separable household model, The Journal of Development Studies, 35:2, 152-163,

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Cited by 125 publications
(73 citation statements)
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“…Most are located in remote areas with poor transport, market infrastructure and lack of reliable information on markets and potential exchange partners. In some instances, these transaction costs are so high that markets can be said to be 'missing' (Omamo 1998;Key et al 2000). The adoption and use of multi-stakeholder platform (MSP) in most recent times has the potential to address the high transaction cost incurred by smallholder farmers with regard to market information.…”
Section: Introductionmentioning
confidence: 99%
“…Most are located in remote areas with poor transport, market infrastructure and lack of reliable information on markets and potential exchange partners. In some instances, these transaction costs are so high that markets can be said to be 'missing' (Omamo 1998;Key et al 2000). The adoption and use of multi-stakeholder platform (MSP) in most recent times has the potential to address the high transaction cost incurred by smallholder farmers with regard to market information.…”
Section: Introductionmentioning
confidence: 99%
“…Often living in remote areas with poor infrastructure, they face high transaction costs that significantly reduce their incentives for market participation (Omamo 1998;Key et al 2000;Barrett 2008). This holds true for both agricultural input and output markets.…”
Section: Introductionmentioning
confidence: 99%
“…In rural economy, diversification of income is observed as a non-deliberate action of the households but those are accounted for a good return in times. In remote areas where physical access to markets is costly and causes (household-specific) factor and product markets failures, households diversify production patterns partly to satisfy own demand for diversity in consumption [15]. Homestead gardening, livestock rearing, land leasing are seen as common practice and are often useful for coping with economic shocks.…”
Section: Literature Reviewmentioning
confidence: 99%