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	Provedor de dados AgEcon (1) Autor Antrobus, G.G. (1) Mbatha, C. Nhlanhla (1) Palavra-chave Institutions (1) Kat River Valley (1) Physical externality (1) Water allocation (1) Tipo do documento Journal Article (1) Ano 2008 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Institutions and economic research: a case of location externalities on agricultural resource allocation in the Kat River basin, South Africa AgEcon Mbatha, C. Nhlanhla; Antrobus, G.G.. The Physical Externality Model is used to illustrate the potential limitations of blindly adopting formal models for economic investigation and explanation in varied geographical contexts. As argued by institutional economists for the last hundred years the practice limits the value and relevance of most general economic inquiry. This model postulates that the geographical location of farmers along a given watercourse, in which water is diverted individually, leads to structural inefficiencies that negatively affect the whole farming community. These effects are felt more severely at downstream sites and lead to a status quo where upstream farmers possess relative economic and political advantages over their counterparts elsewhere. In the study of the Kat... Tipo: Journal Article Palavras-chave: Institutions; Water allocation; Physical externality; Kat River Valley. Ano: 2008 URL: http://purl.umn.edu/47657 Registros recuperados: 1 Primeira ... 1 ... Última

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