IDEAS home Printed from https://ideas.repec.org/a/lif/jrgelg/v2y2013p172-182.html
   My bibliography  Save this article

Improving Agricultural Productivity and Market Efficiency in Latin America and the Caribbean: How ICTs can make a Difference?

Author

Listed:
  • Aparajita Goyal

    () (World Bank)

  • Carolina González-Velosa

Abstract

The rapid dissemination of ICTs in rural areas in LAC has been received with a lot of optimism, as these technologies are thought to be potentially effective tools of agricultural development. However, rigorous analyses of the impacts of ICTs on agriculture are still very scarce and lag behind the rapid penetration of these technologies. This paper is the first attempt to summarize recent findings from some of the few academic studies addressing this topic and complementing this analysis with anecdotal evidence and findings from case studies. Overall, the available evidence indicates that ICTs can play a major role in promoting agricultural productivity and rural development in LAC. By closing information gaps and reducing transaction costs, ICTs can improve the opportunities of farmers in agricultural markets and empower smallholders. ICTs can also foster productivity by facilitating the dissemination of technological knowledge and expand the access to financial and public services among the rural population by making service provision more affordable. Nonetheless, to the extent that the effective provision of ICTs has certain minimum requirements in terms of human and physical capital, many agricultural economies will be unable to reap the full benefits of these technologies

Suggested Citation

  • Aparajita Goyal & Carolina González-Velosa, 2013. "Improving Agricultural Productivity and Market Efficiency in Latin America and the Caribbean: How ICTs can make a Difference?," Journal of Reviews on Global Economics, Lifescience Global, vol. 2, pages 172-182.
  • Handle: RePEc:lif:jrgelg:v:2:y:2013:p:172-182
    as

    Download full text from publisher

    File URL: http://www.lifescienceglobal.com/home/cart?view=product&id=585
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nabil Chaherli & John Nash, 2013. "Agricultural Exports from Latin America and the Caribbean : Harnessing Trade to Feed the World and Promote Development," World Bank Other Operational Studies 16048, The World Bank.
    2. Musafiri, Ildephonse & Mirzabaev, Alisher, 2014. "Long-Term Determinants of Agricultural Output in Smallholder Farmers in Rwanda," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169867, Agricultural and Applied Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lif:jrgelg:v:2:y:2013:p:172-182. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Faisal Ameer Khan). General contact details of provider: http://www.lifescienceglobal.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.