Examining the expenditures and retention of money of recreational fishing along the Wild Coast, South Africa
- Authors: Pyle, Michael Jonathan
- Date: 2023-10-13
- Subjects: Ecotourism South Africa , Sustainable fisheries South Africa , Wild Coast Region , Small-scale fisheries Economic aspects South Africa , Socioeconomic development , Leakage
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419673 , vital:71665
- Description: Developing countries and rural communities rely heavily on the ocean for food, transport, and the sustainability of their livelihoods. While the economics of small-scale fisheries in rural areas have received much attention, there is generally less information on the economic contributions from recreational fisheries in these areas. South Africa’s marine recreational fishery is large and contributes to a significant amount of economic activity. However, the retention of money from recreational fishing activities in local rural economies is unknown and thus the potential developmental benefits from this sector remain unquantified. This study examined the economic contributions from recreational fishing along the Wild Coast and retention of expenditures within the local economy. A total of 109 face-to-face economic surveys were administered during the peak recreational fishing season in December 2021. Based on the results, recreational fishing in the Wild Coast has the ability to generate R 415 446 098 in economic activity annually, however only 9.5% of this is retained within local coastal economies, which diminishes the economic contributions of the fishery to the Wild Coast region. Expenditures on items stemming from the informal collection and selling of bait and seafood, domestic work and guiding were the highest locally retained expenditures within the region. 98% of all bait and seafood was harvested and sold by local gillies, with 2% being bought through hotels (n=109). The total direct economic contribution in terms of informal harvesting was estimated at R 16 077 711 for 2021 (n= 9 601). The identification of these contributions can be used to provide recommendations for local economic development strategies which can support the recreational fishery while uplifting coastal communities that should be benefitting more from the activity. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2023
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Drive for show: putt for dough?: The value of performance measures for professional golfers on the Sunshine Tour and the relationship with earnings
- Authors: Heathfield, Cameron Spencer
- Date: 2023-03-31
- Subjects: Sports Economic aspects South Africa , Golfers South Africa , PGA Sunshine Tour (Association) , Production functions (Economic theory) , Marginal productivity , Performance measurement
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419499 , vital:71649
- Description: “Drive for show, putt for dough”. This controversial adage has been a prominent sentiment in the game of golf for decades. Empirical evidence investigating its robustness through determinant of earnings inquiries have identified that the most valuable measure of performance in golf is in fact putting. However, with the ever-perpetuating state of golf equipment and the technologies thereof, the distance debate in golf has thus gained traction. Recent investigations and evidence into the adage had identified a trend-shift with regards to the value associated with distance achievable and putting ability in golf. Therefore questioning the relevance of the adage in the modern form of the game. In conducting a determinant of earnings inquiry through the engagement of engineering “pure” performance measures as empirically identified, this investigation is aimed at recognising a similar trend in a South African perspective, on the Sunshine Tour. Utilising a generalised least square regression methodology, the analysis identifies how the value of the marginal product as-sociated with both player and non-player explanatory measures influence real earnings on the Sun-shine Tour. This determination is observed through the means of a comprehensive scenario analysis, demonstrating the effect of marginal performance differences to the degree of 1% and 5% increase in performance. A trend was therefore identified in which the value of the marginal product, and growth in real earnings associated to driving distance at the 5% level were in fact greater than the that of putting ability. The results further denote the robustness of the adage and the inherent value associated to putting vs. driving distance at the 1% level. The conclusion to this investigation demonstrates the importance of opportunistic positions player’s put themselves in within tournaments to encourage earnings accumulation. Identified through balanced return on investments for all performance measures to “drive for dough to putt for dough”. , Thesis (MEcon) -- Faculty of Commerce, Economics and Economics History, 2023
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Rural households’ perceptions of an invasive alien species rosa rubiginosa l. (rosehip) and the role it plays in rural livelihoods in Lesotho
- Authors: Makhorole, Thato Violet
- Date: 2022-10-14
- Subjects: Rose hips Lesotho , Invasive plants Lesotho , Rural poor Lesotho , Probit model , Principal components analysis
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/403069 , vital:69919
- Description: Despite the vast research on the negative impacts of invasive alien species on the environment, these species remain part of the rural communities due to their numerous livelihood uses. Thus, more research is required, focusing mainly on the impacts of invasive alien species on the livelihoods of rural communities. This study investigated the community perceptions of rosehip (Rosa rubiginosa) and its contribution to rural communities as an invasive alien species. Four community councils, Pitseng, Matlameng, Limamarela and Mphorosane in the Leribe District Lesotho, were assessed. The study followed the pragmatism paradigm. The contribution of rosehip to rural livelihoods was analysed by comparing income from rosehip with other income sources. The study used simple random sampling and snowball sampling to select a representative of 160 respondents. The primary data was collected using semi-structured questionnaires. Moreover, SPSS and Stata statistical package programs were used for statistical analyses. The results showed that rosehip's livelihood benefits, its negative impacts, the length of time it has been available in the area, and its abundance highly influence the social, economic and environmental perception of rural communities. Furthermore, the study revealed that although the income from rosehip is extremely low and available for only three months of the year, the income plays an important part to the poorer households who have no other income sources. The study found that the main reason for engagement in rosehip harvesting despite its challenging nature was unemployment. The study also revealed that rosehip is part of the risk-reducing strategy or income diversification. Some households used it to complement other sources of income, such as agricultural production. Rosehip trade, if well-controlled, has the potential to alleviate rural poverty by creating job opportunities, providing a source of household income, and acting as a safety net in the face of shocks such as limited job opportunities and food shortages. In conclusion, households’ perceptions of rosehip have proven that rosehip is a valuable resource that provides a supplementary income that contributes towards alleviating poverty in Lesotho’s rural communities. The study recommends the private sector to establish and manages small agro-processing industries focusing on products used daily. The study also encourages environmental education and indigenous knowledge among community members, which would include knowledge and recognition of invasive alien species and their potential benefits and threats. , Thesis (MEcon) -- Faculty of Commerce, Economics and Economic History, 2022
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The economic valuation of ecosystem services using deliberation as a tool for value elicitation
- Authors: Marriner, James Derek
- Date: 2021-10-29
- Subjects: Seagrasses Economic aspects South Africa , Ecosystem services South Africa , Focus groups , Deliberative democracy South Africa , Nature Effect of human beings on South Africa , Environmental economics , Contingent valuation
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/294712 , vital:57247
- Description: Marine seagrass, Zostera capensis, is a highly productive flowering marine seagrass found on the eastern and southern coasts of South Africa and provides a variety of ecosystem services, which include reducing the effects of erosion, trapping nutrients, creating a nursery habitat for fish species and reducing sedimentation. Despite their formal protection status, Z. capensis meadows are regressing, often due to anthropogenic influences. Globally, multiple studies have documented the ecological importance of seagrass services, to both humans and nature, but economic evaluations of these services have not been as extensive. Numerous valuation methods have been used in literature and in practice to value non-market environmental resources and ecosystem services, where results vary. The most widely used non-market environmental valuation method is the contingent valuation (CV) method, which allows for the valuation of environmental resources that are not sold in the market through a stated willingness to pay (WTP) amount, contingent upon a particular scenario. However, the CV method is susceptible to various limitations and forms of bias. As a result, alternative environmental valuation techniques have been reviewed in literature. Deliberation has been suggested as an improved valuation approach to overcome the criticisms of the CV technique, as it increases respondents’ understanding and knowledge of the environmental resource under discussion, through the incorporation of debate, discussion, participation and social learning, thereby producing more reliable valuations of non-market environmental resources. The deliberative monetary valuation (DMV) method has been advocated as an important valuation method to achieve more comprehensive and reliable valuations of complex and unfamiliar public goods, such as ecosystem services. This thesis explored the determinants of WTP for the protection of seagrass, and whether deliberation can be used to supplement findings and values obtained from the individually sourced WTP values. As a result, the study used a dual-method approach to obtain both individual and deliberated WTP values from a range of stakeholders with varied socio-demographic characteristics by using both the CV method and a deliberative focus group, for the ecosystem services that seagrass Z. capensis provides to the Knysna community, South Africa. The results showed that age, education, use frequency and mistrust in local government were determinants in WTP, while deliberative elements uncovered that respondents’ knowledge of an environmental resource and a consideration of the valuation scenario were important factors in determining WTP. It was found that 55% of the respondents were willing to pay to conserve the ecosystem services of seagrass in the Knysna estuary through a monitoring programme. Among those that were willing, the mean WTP amount was approximately R132 per month per household. Although the circumstances in which the deliberative focus group discussion were run were not ideal because of the COVID-19 lockdown, the results showed some interesting potential benefits of using deliberation in complex public good valuation studies. , Thesis (MEcon) -- Faculty of Commerce, Economics and Economic History, 2021
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