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Agricultural trade policy reform in South Africa 31
Chitiga, Margaret; Kandiero, Tonia; Ngwenya, P..
This paper empirically investigates the impact of agricultural trade reform in South Africa. Using UNCTAD’s Agricultural Trade Policy Simulation Model (ATPSM), the study investigates two specific scenarios that capture the magnitude of (i) the economic impact of global agricultural trade reform in South Africa and (ii) the economic impact if the reform in South Africa is coupled with agricultural reforms in the European Union (EU). Trade reform focuses on substantial tariff reduction; although in the case of the EU, scenarios also include reduction in domestic support and export subsidies. The results show that a unilateral tariff reduction in a selected number of agricultural products amounts to welfare gains of US$21 million. These gains are three times...
Tipo: Journal Article Palavras-chave: Agricultural trade; Trade policy reform; Welfare; Agricultural Trade Policy Simulation Model; Agricultural and Food Policy; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/5967
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An environmental accounting approach to valuing the services of natural forests and woodlands in Swaziland 31
Ngwenya, P.; Hassan, Rashid M..
Economists and statisticians constructing the national income accounts usually overlook the many benefits derived by communities from natural forests and woodlands. This study attempted to impute a value for the ecosystem services of these resources in Swaziland employing an environmental accounting framework. The current measure of national income was found to underestimate GDP by 2% and under value national savings by 10% by not accounting for the flow and asset values of natural forests and woodlands. The study also revealed a very high dependence of the rural communities in Swaziland on natural forests and woodlands for their livelihoods as they derive more than 50% of the value of total household consumption expenditure from these resources. These...
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/31695
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