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Registros recuperados: 16 | |
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Kirsten, Johann F.; Vink, Nick; Scheepers, D.; Meyer, Ferdinand H.; Calcaterra, M.; Jenkins, Lindie. |
This paper reports on a study that investigated the increase in food prices in South Africa. It is set against the scenario of an increasing inflation rate since September 2001. The June 2002 STATSSA figures estimated the annual inflation rate (CPIX) at 8.8% with food inflation being the major contributor with an annual increase of 14%. The high unemployment and poverty rate in South Africa has already lead to concerns about the negative impact of these increases on the cost of living for the poorest. In this paper we show that the sharp depreciation of the exchange rate towards the end of 2001 had a major impact on the producer price of maize one of the key agricultural commodities because of its role as a staple food and as an input in the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Political Economy. |
Ano: 2002 |
URL: http://purl.umn.edu/18075 |
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Meyer, Ferdinand H.; Strauss, P.G.; Funke, Thomas. |
The production of biofuels from agricultural commodities has received much attention in recent years. Apart from a few private initiatives, biofuels have not seen a large scale, commercial production in South Africa to date. This article sketches a basic picture of the economic feasibility of biofuel production in South Africa, without any form of government support, at 2006 prices. It then takes the analysis a step further and with the aid of a set of scenarios, different potential outcomes, due to a range of possible policy implementation measures, are discussed and the results documented. The Bureau for Food and Agricultural Policy’s (BFAP) sector model is used to simulate the impact of various options on the potential biofuels industry and other... |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/44027 |
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Funke, Thomas; Strauss, P.G.; Meyer, Ferdinand H.. |
The potential impact of the current South African industrial biofuels strategy on the economic feasibility of biofuel production in South Africa is analysed and discussed. The analysis is then taken a step further by means of a scenario to analyse the potential impacts of higher global prices on the feasibility of a local biofuel industry. The BFAP sector model, a partial equilibrium model, is used to simulate the various impacts over the period 2009 to 2017. This study shows that the incentives and commitments, as presented through the strategy, are not sufficient to get a local biofuel industry up and running and make it sustainable in the long term. |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2009 |
URL: http://purl.umn.edu/54988 |
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Gebrehiwet, Yemane; Meyer, Ferdinand H.; Kirsten, Johann F.. |
Agricultural inputs expenditure has not been widely incorporated in most partial equilibrium models. Moreover, input costs are treated exogenous and the recursive link between input and output side of the sector is overlooked in few of the models that attempts to incorporate input expenditures. The study has addressed both issues by integrating agricultural input expenditures into the South African sectoral partial equilibrium model by endogenising input costs and recursively linking both input and output side of the agricultural sectors to enhance the results of a standard partial equilibrium model in analysing the effect of policies on agricultural sector. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Finance; Farm Management. |
Ano: 2010 |
URL: http://purl.umn.edu/97050 |
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Meyer, Ferdinand H.; Westhoff, Patrick C.; Binfield, Julian C.R.; Kirsten, Johann F.. |
This paper develops the structure and closure of an econometric regime-switching model within a partial equilibrium framework that has the ability to generate reliable estimates and projections of endogenous variables under market switching regimes. Models used in policy evaluation usually either ignore the possibility of regime switching using just a single method of price determination based on average effects, or incorporate highly stylised components that may not reflect the complexities of a particular market. This paper proposes an approach that the authors believe allows the incorporation of features of regime switching in a multisector commodity level model that capture salient features of the South African market and therefore are able to produce... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries. |
Ano: 2006 |
URL: http://purl.umn.edu/25432 |
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Meyer, Ferdinand H.; Kirsten, Johann F.. |
In this study, the structure of the South African wheat market is analysed using economic theory and econometric modelling techniques. The model is used to make baseline projections regarding the supply and use of wheat in South Africa and to analyse the impacts of various policy alternatives on the wheat sector for the period 20042008. Results indicate that the area harvested in the summer as well as winter region will decrease over time. Domestic consumption will marginally increase over time, which will result in higher levels of imports. The ability of the model to simulate policy shocks is illustrated by means of simulating the impact of the elimination of the wheat import tariff on the wheat sector. |
Tipo: Journal Article |
Palavras-chave: Industrial Organization. |
Ano: 2005 |
URL: http://purl.umn.edu/31692 |
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Meyer, Ferdinand H.; Westhoff, Patrick C.; Binfield, Julian C.R.; Kirsten, Johann F.. |
This paper develops the structure and closure of an econometric regime-switching model within a partial equilibrium framework that has the ability to generate reliable estimates and projections of endogenous variables under market switching regimes. Models used in policy evaluation usually either ignore the possibility of regime switching using just a single method of price determination based on average effects, or incorporate highly stylised components that may not reflect the complexities of a particular market. This paper proposes an approach that the authors believe allows the incorporation of features of regime switching in a multisector commodity level model that capture salient features of the South African market and therefore are able to produce... |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Marketing. |
Ano: 2006 |
URL: http://purl.umn.edu/10139 |
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Strauss, P.G.; Meyer, Ferdinand H.; Kirsten, Johann F.. |
This article presents a deterministic farm-level model developed to link to an existing partial equilibrium sector-level model of the grain and livestock sectors of South Africa. The objective is to create a linked system of models consisting of a sector- and farm-level model with the capability to analyse the likely effects of changes in policies and markets at both the sector and representative farm level in South Africa. A representative farm in the Free State Province is used to validate the farm-level model. The farm-level model is used to simulate a baseline as well as two scenarios of the representative farm for the period 2003 to 2010. Results indicate that the farm-level model simulates the representative farm rather accurately compared to... |
Tipo: Journal Article |
Palavras-chave: Farm Management. |
Ano: 2008 |
URL: http://purl.umn.edu/44028 |
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Meyer, Ferdinand H.. |
A drastic change in the marketing system of wheat in South Africa has taken place over the past decade. For the first time an important tariff on wheat was implemented in the form of a variable import levy. Traditionally, countries have implemented variable import levy schemes in order to protect domestic price guarantees by means of determining a reference price, which was generally above the domestic guaranteed price, below which imports were not allowed into the country. In this paper the efficiency of the Wheat Tariff Regime in South Africa is examined, after it has been operational for the past seven years. |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries; International Relations/Trade. |
Ano: 2002 |
URL: http://purl.umn.edu/18079 |
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Poonyth, Daneswar; van Zyl, Johan; Meyer, Ferdinand H.. |
In this study, an econometric model of the South African maize and sorghum sector is estimated. Using the developed model, a market outlook for the two major grain sectors – maize and sorghum - for 1999/00 to 2006/07, is generated under the specified assumptions. Results indicate that for both maize and sorghum, consumption will gradually increase over time. In spite of varying areas of maize and sorghum being harvested, total production will also gradually increase over time due to increases in particularly yields. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Marketing. |
Ano: 2000 |
URL: http://purl.umn.edu/54221 |
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Registros recuperados: 16 | |
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