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  • 标题:Grain transport and rural credit in Mozambique: solving the space-time problem
  • 本地全文:下载
  • 作者:Arndt, Channing ; Schiller, Rico ; Tarp, Finn
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2001
  • 页码:59-70
  • 出版社:Journal of Agribusiness
  • 摘要:This paper shows how credit market failures can lead to large welfare losses in grain markets by inducing increased transport for seasonal storage in locations with low credit costs. The burden of these welfare losses falls primarily on rural households. These conclusions are obtained from a spatial/temporal model solved using a mixed complementarity formulation that easily handles interest rate differentials across space. Efforts to address credit market failures and to improve the efficiency of rural storage should be given priority as opposed to the creation of large, formal sector grain collection centers. © 2001 Elsevier Science B.V. All rights reserved.
  • 关键词:Marketing patterns;Dualistic interest rates;Mixed complementarity problem
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