Rapsomanikis, George; Karfakis, Panagiotis - In: Revue d’économie du développement 18 (2010) 1, pp. 109-133
Distance and transfer costs determine the price received or paid by farmers in developing countries. High margins reduce the area over which food is marketed, often insulating regions and households from price signals. This reduction in price information may result in inefficient outcomes. This...