From: Performance, behaviour and organization of maize trading in Malawi
Statement | Strongly disagree | Disagree | Neutral | Agree | Strongly agree | Firm registration | |||
---|---|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | Unregistered | Registered | Difference | t test | |
Broker has better access to market information | 2 | 2 | 10 | 49 | 35 | 4.15 | 4.07 | .08 | .53 |
Broker acts as guarantor | 2 | 15 | 35 | 43 | 5 | 3.33 | 3.33 | 0 | 0 |
Broker has more contacts | 1 | 2 | 14 | 62 | 22 | 4.03 | 3.9 | .13 | 1.03 |
Broker identifies good quality | 2 | 11 | 20 | 49 | 19 | 3.72 | 3.69 | .03 | .19 |
I have no choice | 3 | 21 | 38 | 32 | 6 | .23 | 2.93 | .3 | 1.83 |
Broker gives business advice | 3 | 21 | 24 | 45 | 5 | 3.35 | 3.19 | .23 | 1.31 |
It’s less costly to work with broker | 4 | 16 | 31 | 42 | 6 | 3.42 | 3 | .42 | 2.5 |
I trade with partners I know well | 4 | 30 | 26 | 34 | 6 | 3.18 | 2.74 | .44 | 2.47 |
I know the market well enough | 1 | 1 | 19 | 55 | 24 | 4.02 | 3.93 | .09 | .71 |
Brokers cheat on prices | 3 | 2 | 12 | 58 | 24 | 3.99 | 3.98 | .02 | .11 |
I want to save commission fees | 1 | 8 | 35 | 51 | 5 | 3.5 | 3.43 | .10 | .75 |
I do not need a quick transaction | 5 | 28 | 35 | 27 | 4 | 3.01 | 2.83 | .18 | 1.06 |
I had a disagreement with the broker | 1 | 10 | 17 | 53 | 19 | 3.77 | 3.81 | − .03 | − .20 |