search query: @freeterm collusion / total: 14
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| Author: | Fafchamps, M. Minten, B. |
| Title: | Returns to social network capital among traders |
| Journal: | Oxford Economic Papers
2002 : APR, VOL. 54:2, p. 173-206 |
| Index terms: | Social sciences Productivity Regression analysis Models Africa |
| Freeterms: | Collusion |
| Language: | eng |
| Abstract: | Using data on agricultural traders in Madagascar, this paper shows that social network capital has large effect on firm productivity. Better connected traders have significantly larger sales and value added than less connected traders after controlling for physical and human inputs as well as for entrepreneur characteristics. The analysis indicates that three dimensions of social network capital should be distinguished: relationships with other traders, which among other things help firms economize on transactions costs; relationships with potential lenders; and family relationships. No evidence was found that social capital favours collusion. |
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