INTERLINKAGE IN THE RICE MARKET OF GHANA: MONEY-LENDING MILLERS ENHANCE EFFICIENCY

Jun Furuya and Takeshi Sakurai

No 25871, 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa from International Association of Agricultural Economists

Abstract: Most of the large-scale millers in Ghana provide a loan to the farmers under the agreement that the farmers will bring their paddy to them. This paper examines the effect of this interlinkage on the efficiency of rice milling. A quadratic cost function was estimated, and capacity utilization was calculated in relation to money lending. The results show that if the millers provide a loan to the farmers, the operating rate will increase by 24%.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 2003
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae03:25871

DOI: 10.22004/ag.econ.25871

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