Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Jensen (2007) studied the digital provide: information (technology), market performance, and welfare in the south Indian fisheries sector

Jensen (2007) studied the digital provide: information (technology), market performance, and welfare in the south Indian fisheries sector

Economics

Jensen (2007) studied the digital provide: information (technology), market performance, and welfare in the south Indian fisheries sector. In this setting, information technologies may improve market performance and increase welfare. Using micro-level survey data, Jensen found that the adoption of mobile phones by fishermen and wholesalers was associated with a dramatic reduction in price dispersion, the complete elimination of waste, and near-perfect adherence to the Law of One Price. Both consumer and producer welfare increased. These results look great and the government of Ghana wishes to adopt this strategy. As a development economist;
a. Explain to the president of Ghana that technology is not a one-side-fit all.
b. Draw the government’s attention to the issue of a technology cluster and discuss its role in this new strategy to be adopted.
c. Explain FIVE (5) possible factors that will affect the rate of innovation adoption among Ghanaian fishermen and wholesalers.

Option 1

Low Cost Option
Download this past answer in few clicks

2.89 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE