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| Mashinini, Nkosazana N.; Obi, Ajuruchukwu; van Schalkwyk, Herman D.. |
| Recent shortfalls in the supply of maize in the Kingdom of Swaziland have exacerbated the country's growing food insecurity and led to fresh calls for full deregulation of the maize marketing system. The proponents of deregulation believe that it eliminates inefficient production and service units by transferring resources to their best alternative uses. While the theoretical foundations for that position are not questionable, no studies have to date explicitly investigated the effects of the current arrangements and the potential effects of full deregulation. This paper reports on a study that examined the welfare effects of the regulation of the country's maize industry and considered the likely impacts of full deregulation of the industry. Using a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Food Security and Poverty; D6; F13; I3; L5; Q18. |
| Ano: 2006 |
URL: http://purl.umn.edu/25511 |
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| Obi, Ajuruchukwu; van Schalkwyk, Herman D.. |
| The main objective of this paper is to report preliminary findings on the recent trends in agricultural land prices in South Africa against the backdrop of growing concerns over their rising levels. Given the important role of land prices, the impact such increases would have on significant national development efforts, including the on-going land reform programme and other aspects of agricultural restructuring, provide strong justification for this investigation. The cointegration approach was employed within a framework that allowed for both long-run and short-run dynamics of the relationships to be identified. Building on previous structural modelling of farmland prices in the country, and using much expanded time series spanning forty-nine years, it... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use; C22; E3; Q15; Q18; Q24. |
| Ano: 2006 |
URL: http://purl.umn.edu/25234 |
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