Social capital, costs of transaction and co-ordination mode : econometric tests on data of trader of food products in Benin
2003
Ayouz, Mourad | Fares, M'hand | Tassou, Zakari F.
In this paper we analyze the causality between choce of co-ordination mode, accumulation of the social capital and profitability of the activity of marketing of the food products in Benin. In particular, we try to understand if adhesion to an association makes it possible for the trader to increase his profitability by reducing its transaction costs. Our statistical tests confirm the idea of efficiency of association as a co-ordination mode. Indeed, joining an association increases profitability. Moreover, the more social capital (networks) a trader have accumulated, the higher chance he has to be member of an association. But the estimate of the structural parameters lead us to relativize the role of the social capital (Résumé d'auteur)
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