Books Reviewed: Management Accounting for the Sugar Cane Industry by A. E. Fok Kam; Farm and Ranch Financial Records by J. D. Libbin and L. B. Catlett; Japanese Agriculture under Siege by Yujiro Hayami; Soviet Agriculture by Zhores A. Medvedev, and W. W. Norton

High transaction costs are detrimental to the efficient operation or existence of markets for inputs and outputs. The cost of information and the costs associated with the search for trade partners, the distance to formal markets and contract enforcement are likely to influence the marketing of...