An Economic Analysis of the Transaction Costs of Purchasing Agricultural Tractors and Their Impact on the Agricultural Profit of Wheat and Barley Farms in Baghdad Province | ||
| Kirkuk University Journal For Agricultural Sciences | ||
| Article 35, Volume 13, Issue 4, Autumn 2022, Page 464-475 PDF (440 K) | ||
| Document Type: Research Paper | ||
| DOI: 10.58928/ku22.13435 | ||
| Authors | ||
| Mohammed A. M.1; Zuhal R. Kadhim2 | ||
| 1The General Company for Agricultural Supplies | ||
| 2Dept. of Agri. Economics – Collage of Agric. - University of Baghdad | ||
| Abstract | ||
| The research aims to analyze the impact of transaction costs resulting from the purchase of haulers in a deferred payment method on the profitability of wheat and barley farmers in the province of Baghdad. To achieve this goal, a stratified sample was selected that included 150 farmers of wheat and barley farmers in the governorate, and the data was collected through a questionnaire form prepared for this purpose. The research followed the descriptive and quantitative method in analyzing the data and extracting the required results The results of the logistic regression analysis showed that some elements of transaction cost such as uncertainty and privacy have an important role in choosing the futures market for agricultural pullers. The results of the multiple regression of the estimated farm profit model for drawers’ services also showed that the purchase decision in terms of transaction costs had a significant effect on the farm profit of the studied sample. The research recommended the need to reduce privacy, as it directly affects transaction costs, and the implementation of the agreed terms of the contract should be adhered to according to their agreed timings, as the increase in the feature of uncertainty directly affects transaction costs | ||
| Keywords | ||
| Purchase decision model; Farm profit | ||
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