Abstract:Abstract:The present study is an attempt to develop empirical evidence of transaction costs that rice farmers incur in production and other factors that affect farmers' demand for seed and estimating the proportion of costs accounted for by transaction costs due to quality seed in the formal and informal sectors, and analyze how these costs affect sourcing decision. An agricultural household model was developed from the study area. To test the model, information was collected in a survey of 387 households. The… Show more
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