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  2. 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

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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

    Authors

    • Mohammed Ali Mohammed 1
    • Zuhal R. Kadhim 2

    1 The General Company for Agricultural Supplies

    2 Dept. of Agri. Economics – Collage of Agric. - University of Baghdad

,

Document Type : Research Paper

10.58928/ku22.13435
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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

Main Subjects

  • Agricultural machinery and Equipment
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Kirkuk University Journal for Agricultural Sciences (KUJAS)
Volume 13, Issue 4
December 2022
Page 464-475
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  • Article View: 293
  • PDF Download: 96

APA

Mohammed, M., & Kadhim, Z. (2022). 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 (KUJAS), 13(4), 464-475. doi: 10.58928/ku22.13435

MLA

Mohammed Ali Mohammed; Zuhal R. Kadhim. "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 (KUJAS), 13, 4, 2022, 464-475. doi: 10.58928/ku22.13435

HARVARD

Mohammed, M., Kadhim, Z. (2022). '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 (KUJAS), 13(4), pp. 464-475. doi: 10.58928/ku22.13435

VANCOUVER

Mohammed, M., Kadhim, Z. 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 (KUJAS), 2022; 13(4): 464-475. doi: 10.58928/ku22.13435

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