Maize of the ancestors and modern varieties: the microeconomics of high-yielding variety adoption in Malawi
Article Abstract:
A decision-making model was developed to contain all the features of farmers' adoption decisions over hybrid maize fertilizer technology in Malawi. Malawi's farmers often combine different portions of recommended hybrid maize fertilizer technology. This is due to the need to satisfy their subsistence needs for the local flinty maize variety used in making a porridge called nsima. Thus, there are variations according to adoption of only hybrid maize, only fertilizer, or both components. Variations also exist according to extent of adoption and intensity of adoption of hybrid maize and fertilizer.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 1995
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The microeconomics of an indigenous African institution: the rotating savings and credit association
Article Abstract:
The Rotating Savings and Credit Assn. (ROSCA) is an informal indigenous savings and credit institution popular in both rural and urban economies around the world. In Africa, the term "njangeh" applies to this form of institution. Reports reveal that this credit and savings institution is more popular and outperforms the conventional banking savings and loans due to its efficiency and easy accessibility suitable for a wider array of clients. However, necessary legalization processes must take place for a formal acceptance of this system.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 1997
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Transaction costs, telecommunications, and the microeconomics of macroeconomic growth
Article Abstract:
The existence of a telephone system in developing countries appears to be a significant factor in the economic growth of the country. The rationale behind this lies in the reduction in transaction costs that results from a reasonably fast relay of information. This eliminates many of the hindrances to economic development and encourages investment for countries with adequate telecommunication systems.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 1992
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