Capitalism at the crossroads: the unlimited business opportunities in solving the world's most difficult problems
Organizing the unorganized - employing IT to empower the under-privileged
Proceedings of the 17th international conference on World Wide Web
Examining the Usage and Impact of Transformational M-Banking in Kenya
IDGD '09 Proceedings of the 3rd International Conference on Internationalization, Design and Global Development: Held as Part of HCI International 2009
Considering failure: eight years of ITID research
Proceedings of the Fifth International Conference on Information and Communication Technologies and Development
ICT access and use by microentrepreneurs in Mumbai, India: a value chain model analysis
Proceedings of the Fifth International Conference on Information and Communication Technologies and Development
ICT-based market information and adoption of agricultural seed technologies: Insights from Uganda
Telecommunications Policy
Proceedings of the 4th ACM/IEEE International Conference on Information and Communication Technologies and Development
Access, use and impact of rural telecentres: findings from a village-level exploration
Proceedings of the 4th ACM/IEEE International Conference on Information and Communication Technologies and Development
Stories from the field: mobile phone usage and its impact on people's lives in East Africa
Proceedings of the 4th ACM/IEEE International Conference on Information and Communication Technologies and Development
A Picture and a Thousand Words: Visual Scaffolding for Mobile Communication in Developing Regions
International Journal of Handheld Computing Research
Proceedings of the Sixth International Conference on Information and Communication Technologies and Development: Full Papers - Volume 1
Literacy acquisition, informal learning and mobile phones in a South African township
Proceedings of the Sixth International Conference on Information and Communication Technologies and Development: Full Papers - Volume 1
Revisiting the fishers of Kerala, India
Proceedings of the Sixth International Conference on Information and Communication Technologies and Development: Full Papers - Volume 1
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There is considerable speculation about the correlation between investments in telecommunications and economic development. Yet, there has been very little research on whether there is a connection between information and communication technologies (ICTs) and economic growth, and if indeed a connection can be established, how it works. Vast populations in developing countries live in rural areas and are subject to the vagaries of their highly inefficient markets. Mobile phones, by virtue of their role as carriers and conduits of information, ought to lessen the information asymmetries in markets, thereby making rural and undeveloped markets more efficient. This article tests this assumption using a case-study from India, where the fishing community in the southwestern state of Kerala has adopted mobile phones in large numbers. Using mobile phones at sea, fishermen are able to respond quickly to market demand and prevent unnecessary wastage of catch---fish being a highly perishable commodity---a common occurrence before the adoption of phones. At the marketing end, mobile phones help coordinate supply and demand, and merchants and transporters are able to take advantage of the free flow of price information by catering to demand in undersupplied markets. There is also far less wastage of time and resources in all segments of the fishing community. Fishermen spend less time idling on shore and at sea, whereas owners and agents go to the landing centers only when they receive information (via mobile phones) that their boats are about to dock. We find that with the widespread use of mobile phones, markets become more efficient as risk and uncertainty are reduced. There is greater market integration; there are gains in productivity and in the Marshallian surplus (sum of consumer and producer surplus); and price dispersion and price fluctuations are reduced. The potential efficiencies are, however, subject to easy access to capital, especially at the production end of the supply chain, without which the market remains less efficient than it could be. Finally, the quality of life of the fishermen improves as they feel less isolated and less at risk in emergencies.