Information, efficiency, and welfare in agricultural markets
AbstractInformation and communications technologies (ICTs) have spread rapidly in the developing world. There has been considerable interest in the potential role ICTs, particularly mobile phones, have begun to play in the marketing of agricultural outputs in these countries. In this article, we discuss the potential impacts ICTs may have on welfare, both in terms of potential efficiency gains (via improved arbitrage), and welfare transfers among agents in the supply chain (via reduced informational asymmetries and market power). We also review the recent empirical evidence for such effects. Copyright (c) 2010 International Association of Agricultural Economists.
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Bibliographic InfoArticle provided by International Association of Agricultural Economists in its journal Agricultural Economics.
Volume (Year): 41 (2010)
Issue (Month): s1 (November)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0169-5150
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- Jenny C. Aker & Marcel Fafchamps, 2013. "Mobile Phone Coverage and Producer Markets: Evidence from West Africa," CSAE Working Paper Series 2013-09, Centre for the Study of African Economies, University of Oxford.
- Perakis, Sonja Melissa, 2012. "“Changing Spatial Maize Price Relationships in West Africa”," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124910, Agricultural and Applied Economics Association.
- Staatz, John M. & Kizito, Andrew M. & Weber, Michael T. & Dembele, Niama Nango, 2011. "Evaluating the Impact on Market Performance of Investments in Market Information Systems: Methodological Challenges," Staff Papers 108184, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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