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Registros recuperados: 16 | |
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Makenete, Andrew L.; Ortmann, Gerald F.; Darroch, Mark A.G.. |
A study was conducted during 1994-1995 amongst policy makers, government officials, retailers and millers in Lesotho to review the maize marketing system and procedures for setting maize prices at producer, mill-gate and consumer levels. Set prices distort price signals which influence decisions to allocate and distribute resources to provide goods and services for markets. Lesotho is a net importer of maize grain, the major staple, implying that maize pricing and marketing policy affect food security. Results indicate flexible informal marketing channels, fixed formal marketing channels and declining real producer, mill-gate and consumer prices in recent years Falling real South African Maize Board export grain prices and evidence of subsidies to... |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries. |
Ano: 1997 |
URL: http://purl.umn.edu/54977 |
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Darroch, Mark A.G.. |
A representative stratified random sample of 100 South African farmers from across all production regions that export fresh citrus to the EU were surveyed during 2007-2008 to document their perceptions of the benefits and costs of complying with EUREPGAP standards on citrus exports. Principal Component Analysis identified six broad dimensions of internal benefits as improved operating/technical performance; regulations compliance and intra-business benefits; gains in competitiveness; regulations compliance and new market access; benefits from existing markets; and to overcome non-tariff barriers to entry. Two further dimensions of supply chain benefits identified by PCA were improved business working relationship and product quality benefits, and improved... |
Tipo: Journal Article |
Palavras-chave: South African fresh citrus exports; European Union; Perceived benefits and costs; EUREPGAP compliance; Farm Management. |
Ano: 2010 |
URL: http://purl.umn.edu/96437 |
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Darroch, Mark A.G.; Mashatola, M.C.. |
A survey of 88 medium-scale sugarcane farmers (MSFs) using this scheme in 2001 shows that most MSFs would opt to first rent land before purchasing, and recognize that annual returns to land are low relative to land value. Most MSFs view long-term sugarcane supply agreements as a constraint on enterprise diversification, and consider that the quality of mentorship currently received was not satisfactory. Industry players could leverage international donor funding for empowerment projects to improve the quality of mentorship programs. Client service can be improved be better clarifying the structure of the graduated repayments, sending loan statements on time, and helping clients to interpret loan statements. There is also a new commercial opportunity to... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 2003 |
URL: http://purl.umn.edu/34401 |
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Khuele, P.R.S.; Darroch, Mark A.G.. |
Two Stage Least Squares and principal component analysis were used to estimate the export demand and supply of South African (SA) fresh oranges in the United Kingdom (UK) during 1976-1993. Export demand was negatively related to the SA fresh orange price relative to the price of fresh oranges from Israel, and positively related to lagged orange exports (consumer brand loyalty proxy). Export supply was positively related to lagged net export realisation price relative to domestic orange price, the SA fresh orange price in the UK relative to the SA fresh orange price in France, lagged exports (export orientation), and supply shocks. The relative price elasticity of export demand was inelastic in both the short- and long-run, indicating that Capespan... |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; International Relations/Trade. |
Ano: 1997 |
URL: http://purl.umn.edu/54452 |
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Darroch, Mark A.G.; Clover, T.A.. |
This paper estimates a logit model of the effects of entrepreneurial quality on business success in a stratified random sample of 44 small, medium and micro enterprise (SMME) agribusiness owners financed by Ithala Development Finance Corporation, using loan repayment as a proxy for success. These owners were surveyed during October 2003-February 2004 and asked to score four components of entrepreneurial quality identified by Guzman and Santos (2001): preference for working as self-employed, motivation type, energizer behaviours, and personal and external factors. The results show that strong energizer behaviours (such as current and planned business expansion and staff training), more business experience, and family assistance to become an entrepreneur,... |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 2005 |
URL: http://purl.umn.edu/31723 |
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Clover, T.A.; Darroch, Mark A.G.. |
Public and private sector institutions in KwaZulu-Natal (KZN), South Africa (SA) can identify policies and strategies to increase the survival and growth rates of small, medium and micro-enterprise (SMME) agribusinesses if they have more information about the factors that constrain business performance. The sustained growth of these SMMEs could, in turn, help to reduce poverty, income inequality and unemployment problems in the province. The owners of 44 agribusiness SMMEs in a stratified random sample of Ithala Development Finance Corporation clients in KZN were, therefore, surveyed during October 2003 and January 2004 to identify what factors they perceive constrain business survival and growth. The respondents identified eight dimensions of constraints,... |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 2005 |
URL: http://purl.umn.edu/31694 |
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Darroch, Mark A.G.; Mushayanyama, T.. |
The 48 members of the Ezemvelo Farmers' Organisation (EFO) in KwaZulu-Natal, South Africa (SA), that are fully-certified as organic farmers were surveyed in October-December 2004 to assess their perceived levels of satisfaction, trust, cooperation and commitment in a formal supply chain producing amadhumbes (a traditional vegetable tuber), potatoes and sweet potatoes for a major SA supermarket group. Empirical recursive models show that a high level of satisfaction in the working relationship results in these farmers trusting the pack-house agent more. High levels of trust, in turn, lead to higher levels of both commitment to, and cooperation in, the supply chain. A simultaneous-equation model showed that EFO members with higher levels of commitment tend... |
Tipo: Journal Article |
Palavras-chave: Industrial Organization. |
Ano: 2006 |
URL: http://purl.umn.edu/31742 |
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Kuhn, M.E.; Darroch, Mark A.G.; Ortmann, Gerald F.. |
Collateral is an important incentive device used by lenders to encourage loan repayment. However, collateral must have secure and transferable title, it must be marketable, have low lender liquidation costs and lenders must be able to attach the collateral. Study results for rural and micro-enterprise finance institutions in KwaZulu-Natal showed that assets such as vehicles and equipment were not effective as collateral due to high costs in attaching the asset. Cessions on crops were often constrained by flaws in collection mechanisms. Secure and transferable property rights were important preconditions for land to have value as collateral. Collateral substitutes such as joint liability mechanisms were less effective when lending to large farmer groups... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 1997 |
URL: http://purl.umn.edu/54724 |
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Darroch, Mark A.G.; Akridge, Jay T.; Boehlje, Michael. |
The oil produced from high oleic acid soybeans (HOS) offers benefits to both consumers and food manufacturers. It is lower in saturated fat and more heat-stable than commodity-grade soybean oil. Optimum Quality Grains L.L.C. is working with seed distributors, elevators, and crushers across the Midwestern U.S. to develop a new supply chain which keeps the HOS and the resulting oil separate (identity preserved (IP)) from commodity-grade soybean oil. This case illustrates the challenges and key issues facing three players - an agricultural inputs dealer, a grain elevator, and a soybean crusher - that must decide whether to join the new supply chain as the HOS research commercialization. The case can be used to create a discussion about how each player can... |
Tipo: Journal Article |
Palavras-chave: Industrial Organization; Marketing. |
Ano: 2002 |
URL: http://purl.umn.edu/34577 |
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Badurally-Adam, M.S.A.; Darroch, Mark A.G.. |
The Rotterdam model is used to estimate a demand system for South African (SA) beef, chicken, mutton and pork during 1971-1995 and identify the potential impacts on demand for these meat types of a Free Trade Agreement (FTA) between SA and the European Union. Conditional cross-price Slutsky elasticity estimates show that for a given 1% change in each meat price under an FTA, the beef price change would have the largest impact on consumption of the other meats. The net effect of the FTA would depend on the extent to which different meat prices fall if meat imports increase. Import competition may be felt particularly from poultry imports as most of SA beef imports are of a low quality. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade; Livestock Production/Industries. |
Ano: 1997 |
URL: http://purl.umn.edu/54451 |
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Kuhn, M.E.; Darroch, Mark A.G.; Ortmann, Gerald F.. |
Bivariate probit analysis was used to assess the efficacy of a South African microlender’s loan screening process. This micro-lender grants short-term cash loans to individuals who are employed and earning a fixed salary. Loan applicants with more stable incomes, who are contactable via telephone or post, who are employed in less risky business sectors, who have more disposable income relative to debt, and who have had a good credit history with other lenders, are more likely to be accepted. None of the factors with a significant effect on the loan screening decision could explain subsequent loan default by accepted applicants. The microlender may have screened out very risky clients and accepted a riskier, profitable pool of loan applicants with risk... |
Tipo: Journal Article |
Palavras-chave: Financial Economics. |
Ano: 2000 |
URL: http://purl.umn.edu/54229 |
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Finnemore, G.R.L.; Darroch, Mark A.G.; Lyne, Michael C.. |
Investments in productive assets by broad-based black economic empowerment (BEE) enterprises in South Africa (SA) during the 1990s have been constrained, in part, by a lack of access to capital. Even if capital can be sourced, BEE businesses often face a liquidity problem, as conventional, equally amortized loan repayment plans do not take into account the size and timing of investment returns, or there are lags in the adjustment of management to such new investments. This paper describes five alternative loan products to the conventional equally amortized loan: the single payment non-amortized loan; the decreasing payment loan; the partial payment loan; the graduated payment loan; and the deferred payment loan. Recent SA experience with the graduated... |
Tipo: Journal Article |
Palavras-chave: Financial Economics. |
Ano: 2004 |
URL: http://purl.umn.edu/9495 |
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Kuhn, M.E.; Darroch, Mark A.G.; Ortmann, Gerald F.; Graham, Douglas H.. |
Three development finance institutions (DFIs) which operate in KwaZulu-Natal (KZN) province were assessed in 1996/97 to see how they could improve financial viability and outreach to emerging farmers, agribusiness and micro-entrepreneurs. Improved service quality and emphasis on mobilising savings would help clients and enable the DFIs to diversify their portfolios. Better access to branches and lower loan approval times (improved screening and administrative procedures) could also lower client transaction costs. Charging a suitable interest rate spread is necessary but not sufficient for lenders to achieve subsidy independence. Reducing arrears through stricter loan contract enforcement (borrower accountability for loan repayment, lower collateral... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 2000 |
URL: http://purl.umn.edu/54199 |
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Mashatola, M.C.; Darroch, Mark A.G.. |
Factors affecting whether or not 83 medium-scale sugarcane farmers using a graduated mortgage loan repayment scheme in KwaZulu-Natal were current or in arrears on loan repayments as at 31 March 2001 were analysed using a logit model. Results show that the estimated probability of a farmer in the scheme being current on loan repayments was higher for clients with higher levels of average annual farm gross turnover relative to loan size, and for clients with access to substantive off-farm income. This suggests that farm size (proxied by annual gross turnover) does matter when policymakers in South Africa consider future similar schemes designed to improve access to commercial farmland by people that previously could not buy farmland. Access to off-farm... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 2003 |
URL: http://purl.umn.edu/9502 |
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Registros recuperados: 16 | |
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