Showing 1 - 6 of 6
Impact of supermarkets on small-scale farmers
Persistent link: https://www.econbiz.de/10010913561
This paper develops the structure and closure of an econometric regime-switching model within a partial equilibrium framework that has the ability to generate reliable estimates and projections of endogenous variables under market switching regimes. Models used in policy evaluation usually...
Persistent link: https://www.econbiz.de/10005805187
Abstract This paper investigates the competitiveness of small and medium-scale maize milling enterprises in South Africa from estimates of a translog stochastic cost frontier model. Results suggest that small and medium-scale maize mills in South Africa are cost-inefficient, operating at 59...
Persistent link: https://www.econbiz.de/10010880156
This study develops a multi-equation partial equilibrium model of the Malawi maize market which is linked sequentially to a local maize economy to show that the skepticism surrounding the use of innovation systems in agricultural research in Africa is not unfounded. The results demonstrate that...
Persistent link: https://www.econbiz.de/10010913815
The difference between hypothetical and real values when evaluating consumers’ preferences (termed ‘hypothetical bias’) has received significant attention in scientific literature, as the outcome of this bias is often an overestimation of willingness to pay (WTP) values. This is the main...
Persistent link: https://www.econbiz.de/10010913843
Most of the climate change models for South Africa predict a reduction in freshwater availability by 2050, which implies that water availability for sectoral production activities is expected to decline. This decline has an impact on sectoral output, value added and households’ welfare. Using...
Persistent link: https://www.econbiz.de/10010913429