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This paper estimates long-run price (wage) elasticities of demand for regular farm labour in South Africa using both Ordinary Least Squares (OLS) regression and a Two-stage Least Squares (2SLS) simultaneous-equation model for the period 1960-2002. Both models include a piecewise interactive...
Persistent link: https://www.econbiz.de/10009443198
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High transaction costs are detrimental to the efficient operation or existence of markets for inputs and outputs. The cost of information and the costs associated with the search for trade partners, distance to formal markets and contract enforcement are likely to influence the marketing of food...
Persistent link: https://www.econbiz.de/10005807457
A postal survey was conducted in 1998 among 92 South African agribusiness firms to establish the extent of adoption of the ISO 9000 quality assurance standards, reasons for certification, and the costs and benefits of adopting these standards. Almost 36% of respondent firms were ISO 9000...
Persistent link: https://www.econbiz.de/10008552259
A survey was conducted in 1995 among 135 commercial farmers in KwaZulu-Natal to analyse labour remuneration and farmers' perceptions about the impact of labour legislation recently extended to agriculture. Farm labour remuneration normally includes cash wages and payments in kind (such as...
Persistent link: https://www.econbiz.de/10008491812
This paper estimates long-run price (wage) elasticities of demand for regular farm labour in South Africa using both Ordinary Least Squares (OLS) regression and a Two-stage Least Squares (2SLS) simultaneous-equation model for the period 1960-2002. Both models include a piecewise interactive...
Persistent link: https://www.econbiz.de/10005064566
Household consumption patterns were investigated to determine the impact of an income shock on household expenditure and to establish the potential for demand-led growth in a rural area of KwaZulu-Natal. Household consumption data were collected from sample households in the Embo ward of...
Persistent link: https://www.econbiz.de/10009443188