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| du Toit, J.P.; Ortmann, Gerald F.. |
| This study investigates the impact of dairy market deregulation on the competitiveness of milk producers who comprise the East Griqualand (EG) study group in KwaZulu-Natal and the Eastern Cape Province of South Africa. The study uses a microeconomic approach, the unit cost ratio (UCR) method of competitiveness analysis, to assess changes in the relative competitiveness of EG milk producers from 1983 – 2006. Findings of previous research indicate that dairy market deregulation in the 1980s and 1990s caused lower real milk producer prices, increased uncertainty and higher exit rates in the South African dairy industry. Results of the UCR analysis suggest that EG milk producers were not competitive based on the net local price received for milk but were... |
| Tipo: Journal Article |
Palavras-chave: Dairy market deregulation; East Griqualand milk producers; Competitiveness; Unit cost ratio analysis; Livestock Production/Industries. |
| Ano: 2009 |
URL: http://purl.umn.edu/53381 |
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| du Toit, J.P.; Ortmann, Gerald F.; Ramroop, S.. |
| This study investigates factors influencing the long-term competitiveness of 11 commercial milk producers from East Griqualand (EG), South Africa using unbalanced panel data for the period 1990 to 2006. Results of a ridge regression analysis show that dairy herd size, the level of farm debt, annual production per cow, technology and policy changes over time, and the ratio of trading income to total milk income influence the long-term competitiveness of these milk producers. To enhance their competitiveness in a deregulated dairy market, relatively small and profitable EG milk producers should consider increasing their herd sizes, as the importance of herd size in explaining competitiveness suggests that size economies exist. All EG milk producers should... |
| Tipo: Journal Article |
Palavras-chave: Commercial milk production; Competitiveness; Panel data; Production Economics. |
| Ano: 2010 |
URL: http://purl.umn.edu/61998 |
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