Institutions and economic research: a case of location externalities on agricultural resource allocation in the Kat River basin, South Africa
- Mbatha, Cyril N, Antrobus, Geoffrey G
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142991 , vital:38183 , DOI: 10.1080/03031853.2013.798069
- Description: 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 River basin these predictions appear to be true only in as far as they relate to legal and political allocations and use of water resources.
- Full Text:
- Date Issued: 2010
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142991 , vital:38183 , DOI: 10.1080/03031853.2013.798069
- Description: 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 River basin these predictions appear to be true only in as far as they relate to legal and political allocations and use of water resources.
- Full Text:
- Date Issued: 2010
The commercial agricultural economy of the East Cape: Die kommersiële landbou-ekonomie van die Oos-Kaap
- Authors: Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/143079 , vital:38199 , DOI: 10.1080/03031853.1991.9524228
- Description: The East Cape, and in particular the Smaldeel area, is used to exemplify some of the characteristics and problems of commercial farming over a period of about three decades to serve as a backdrop for the broader theme of normalising South African agriculture. The regional economy is dominated by Port Elizabeth-Uitenhage and East London which account for most of the population and three-fourths of the Gross Geographic Product (GGP). Agriculture accounts for only 10% of GGP, but is one of the most labour intensive sectors in a region with 24% of its population unemployed. The agricultural economy of the region is very diversified, but livestock farming plays the most important part in all areas contributing 72% of gross income. The chief changes which have occured in East Cape farming, as elsewhere, have been the decline in the number of farms and increase in farm size, greater capital investment, increased specialisation and declining employment.
- Full Text:
- Date Issued: 2010
- Authors: Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/143079 , vital:38199 , DOI: 10.1080/03031853.1991.9524228
- Description: The East Cape, and in particular the Smaldeel area, is used to exemplify some of the characteristics and problems of commercial farming over a period of about three decades to serve as a backdrop for the broader theme of normalising South African agriculture. The regional economy is dominated by Port Elizabeth-Uitenhage and East London which account for most of the population and three-fourths of the Gross Geographic Product (GGP). Agriculture accounts for only 10% of GGP, but is one of the most labour intensive sectors in a region with 24% of its population unemployed. The agricultural economy of the region is very diversified, but livestock farming plays the most important part in all areas contributing 72% of gross income. The chief changes which have occured in East Cape farming, as elsewhere, have been the decline in the number of farms and increase in farm size, greater capital investment, increased specialisation and declining employment.
- Full Text:
- Date Issued: 2010
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