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A Game Theoretic Framework for Cooperative Benefits in South Africa’s Land Redistribution Process: A Case of Northern Kwa-Zulu Natal Sugarcane Farmland Transfers AgEcon
Mbatha, C. Nhlanhla; Antrobus, G.G..
A good indicator of successful farm redistribution cases has to be the continuation of viable productivity rates in their post transfer periods. Continued productivity benefits all the stakeholders that are involved in the process. Unfortunately negative productivity levels have been reported in numerous South African land redistribution transfers in recent years. A game theoretic perspective is adopted to argue that cooperation among key stakeholders, which could be enforced through long term contracts between a land buyer, sellers and new owners, would lead to higher productivity levels and other benefits. Additional benefits would, for example, include market related prices paid by a buyer. Sugarcane farm transfer cases from two municipality districts...
Tipo: Journal Article Palavras-chave: Sugarcane; Farms; Redistribution; Productivity; Cooperation; Games; Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/96156
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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
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The effects of economic incentives in controlling pollution in the South African Leather Industry AgEcon
Mowat, S.P.; Antrobus, G.G.; Fraser, Gavin C.G..
Pollution of the environment is becoming an increasingly serious problem. A large contributor to this is industry which generates effluent as a by-product of its production process. Two methods of controlling the pollution generated by industry are the so-called “command and control” techniques and economic incentives. In theory, economic incentives promise a more economically efficient and equitable means of pollution control. This paper sets out to ascertain whether this would hold in practice by applying environmental economic theory to the practical problem of controlling the effluent generated by one particular industry, viz the South African leather industry.
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/54719
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