Renkow, Mitch; Hallstrom, Daniel G.; Karanja, Daniel David - Agricultural and Applied Economics Association - AAEA - 2001
We develop a conceptual framework for quantifying fixed transactions costs facing semisubsistence households. Using household survey data from a sample of 324 Kenyan maize farmers, we generate estimates of household supply and demand schedules, as well as the price bands that they face. Our...