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The Effects of Market Reform on Maize Marketing Margins in South Africa. AgEcon
Traub, Lulama Ndibongo; Jayne, Thomas S..
The Effects of Market Reform on Maize Marketing Margins in South Africa Abstract: This article determines the effect of market reform on the size of maize milling/retail margins in South Africa. Simulations indicate that the deregulation of maize meal prices has caused a 16 to 20% increase in the mean retail price of maize meal since 1997.
Tipo: Report Palavras-chave: Maize; Marketing; Crop Production/Industries; Marketing; Downloads July 2008 - July 2009: 15; F14.
Ano: 2004 URL: http://purl.umn.edu/54570
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The Effects of Market Reform on Maize Marketing Margins in South Africa: An Empirical Study AgEcon
Traub, Lulama Ndibongo; Jayne, Thomas S..
This paper determines the effect of market reform and price decontrol on the size of maize milling/retail margins in South Africa. Regression models of monthly milling/retail margins are run over the period May 1976 to September 2003. To assess the robustness of our findings, we estimate several different model specifications for representing structural change, vary the sample period to examine the sensitivity of findings to unusual weather and market conditions in the region during the 2001-2003 period, and use different estimation techniques, OLS with Newey-West robust estimators and Feasible General Least Squares. In virtually all models, the results indicate that real maize milling/retailing margins in South Africa have increased since the market...
Tipo: Conference Paper or Presentation Palavras-chave: Maize milling/retailing marketing margins; Market Reform; Ordinary Least Squares; Feasible General Least Squares.; Crop Production/Industries; Marketing.
Ano: 2006 URL: http://purl.umn.edu/25635
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Opportunities to Improve Household Food Security Through Promoting Informal Maize Marketing Channels: Experience from Eastern Cape Province, South Africa AgEcon
Traub, Lulama Ndibongo; Jayne, Thomas S..
Maize meal is a staple food in South Africa, particularly among the poor. The South African government by the mid-1980s enacted a series of legislations aimed at reducing the role of government within the market and placing increasing reliance on market forces and the private sector. Ex post studies of the impact of maize market reform in neighboring countries found that, in general, the reforms led to lower maize milling/retailing margins in real terms. However, in the case of South Africa, recent analysis indicates that maize market reform has not reduced processing and retailing margins in the maize meal supply chain. The study objectives are to determine actual and potential consumer demand for the types of maize meal capable of being produced...
Tipo: Report Palavras-chave: Food security; Food policy; Maize; Marketing; South Africa; Crop Production/Industries; Food Security and Poverty; F14.
Ano: 2006 URL: http://purl.umn.edu/54568
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Measuring Integration and Efficiency in Maize Grain Markets: The Case of South Africa and Mozambique AgEcon
Traub, Lulama Ndibongo; Myers, Robert J.; Jayne, Thomas S.; Meyer, Ferdinand H..
Price transmission between the South African market and other regional markets is not as straightforward, despite South Africa’s role of a surplus producer for the region. There appears to be a host of local factors that must be taken into account in order to anticipate the likely level of regional food prices. This article assesses the degree of market integration and the speed of price adjustment to spatial price differentials between the SAFEX maize price in South Africa and maize grain and maize meal prices in Maputo, Mozambique. The findings of this study indicate that under certain trading regimes, there is no evidence of a long-run relationship between Mozambican and South African maize grain prices. This implies that any large deviations, within...
Tipo: Journal Article Palavras-chave: Price transmission; Market integration; Cointegration; Trade regimes; Crop Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/96644
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Maize Market Sheds in Eastern and Southern Africa. Report 1. Country Annexes AgEcon
Aliguma, Lucy; Ashimogo, Gasper; Mwale, Geoffrey S.; Nyoro, James K.; Phiri, Alexander; Traub, Lulama Ndibongo.
Annexes to the report prepared by Michigan State University for the World Bank under contract No. 7144132, Strengthening Food Security in Sub-Saharan Africa through Trade Liberalization and Regional Integration
Tipo: Report Palavras-chave: Africa; Markets; Maize; Crop Production/Industries; Q13.
Ano: 2008 URL: http://purl.umn.edu/55375
Registros recuperados: 5
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