Marketing Externalities and   Market Development

Emran, M. Shahe; Shilpi. Forhad

Marketing Externalities and Market Development

2002

Emran, M. Shahe | Shilpi. Forhad

The authors use survey data from Bangladesh to present empirical evidence on externalities at household level sales decisions resulting from increasing returns to marketing. The increasing returns that arise from thick market effects and fixed costs imply that a trader is able to offer higher prices to producers if the marketed surplus is higher in villages. The semi-parametric estimates identify highly nonlinear own and cross commodity externality effects in the sale of farm households. The vegetable markets in villages with low marketable surplus seem to be trapped in segmented local market equilibrium. The analysis points to the coordination failure in farm sale decisions as a plausible explanation for the lack of development of rural markets even after market liberalization policies are implemented.

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Ключевые слова АГРОВОК

agricultural production agriculture commodities consumer prices decision making economic development economic geography economics elasticities equilibrium farmers farms fixed costs growth theory human capital income marginal costs market equilibrium market liberalization marketing marketing cooperatives poverty alleviation pricing producer prices productivity sales social capital supply functions surplus technology adoption transaction costs

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Издатель

World Bank, Washington, D.C.

Другие темы

Aggregate supply; Securities; Market economy; Total sales; Externality; Policy research; Demand curve; Functional forms; Empirical evidence; Urban centers; Supply curves; Econometric analysis; Empirical analysis; Marginal revenue; Supply curve; Diseconomies of scale; Incentive problems; Input use; Household expenditure surveys; Scale economies; Producers; Externalities; Price takers; Economic functions; Marginal benefits; Economic activity; Increasing returns; Economies of scale; Deregulation; Contestability; Optimization; Diseconomies; Positive externalities; Labor market; Consumer expenditures adverse selection

Лицензия

Policy Research Working Paper;No.2839http://creativecommons.org/licenses/by/3.0/World BankCC BY 3.0 Unported

Источник

Policy Research Working Paper;No.2839

В АГРИСе с: 2014-09-15

Формат: AGRIS AP

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Эту запись предоставил World Bank

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Ссылки

http://hdl.handle.net/10986/14800

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ФАО АГРИС — международная информационная система по сельскохозяйственным наукам и технологиям

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Marketing Externalities and Market Development

2002

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Библиографическая информация