This paper considers the specific role of information and communication technologies [ICT] in reducing transaction costs in agriculture by enabling timely and affordable communication. Segmenting transaction costs in to several components, the paper isolates the costs associated with information...

With the increasing concern with regards to reducing poverty in the world, lowering transaction costs within the value chain is one of the key elements to ensuring growth in agriculture which will in turn have a significant impact in reducing poverty. This paper presents the results of a study...