Abstract
Local marketplaces are remarkable organizations for agricultural product transactions in Ethiopia. However, little is known concerning measurement practices in these micro-trading zones. Thus, this study intended to examine the cereal commodity quantity measurement behaviors of farmers in the local marketplaces of Ethiopia. A survey was conducted in four districts marketplaces (N = 382) of the Oromia Region. The χ2 test was employed to evaluate the association between farmers’ perception of the accuracy of local units and measuring instruments related to immoral buyers’ behaviors. According to the findings, farmers’ cereals quantity measurement behaviors proved the presence of unreliability which created transaction, measurement, social capital, and two-hand palm cereals gift costs. The χ2 test results indicated that farmers’ perceptions of the accuracy of local units and measuring tools related to buyers’ unethical behaviors had significant relationships with bowl, glass, sack, and can local units, except for weight balance in Dendi and Bako Tibe, and for cans in the Gimbichu area. This study demonstrates that standardization of tools and measurements, together with institutional support, would have a huge potential for economizing transaction costs and making equitable cereals exchanges and efficient markets.
Highlights
The concept of measurement is associated with different economic concerns and decisions.These concerns and decisions entail what products to produce and how to produce them, what quantities of products are traded and how this estimate is reliable, and what the condition the products are in and how functional they are [1,2]
Institutional economics literature considers the importance of measurement costs, which is part of total transaction costs [5]
In light of the above concerns and scholarly arguments, this study is aimed at examining cereal quantity measurement behaviors to address local agricultural marketplace measurement reliability, exchange equitability, and institutional development
Summary
The concept of measurement is associated with different economic concerns and decisions These concerns and decisions entail what products to produce and how to produce them (measurement of specifications), what quantities of products are traded and how this estimate is reliable (measurement of quantity), and what the condition the products are in and how functional they are (measurement of quality) [1,2]. Aoki [6] gives emphasis on well-functioning market institutions (in this context the local agricultural marketplace) within which people practice measurements In this regard, homogenous measurement units and measurement systems have a significant contribution to manage costly transfer of resources which occur due to unreliable and non-uniform measures [1].
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