Low international wheat prices, caused by tariffs and subsidies in developed countries, have been blamed for causing financial difficulty to South African farmers. While indignation at unfair trade practices may be valid, it does not necessarily follow that protection of the local industry is...

A large proportion of the on-going reductions in global food prices are attributable to the efficiency gains associated with various ‘green revolutions’. Unfortunately the welfare gains associated with such productivity growth are unevenly distributed, with many African states reaping...

For transition countries, the food industry sector is a key industry in terms of output andemployment shares. As a competitive sector that receives substantial foreign directinvestments (FDI), it plays an important role as an element in the process of integration in theEuropean and world market....

This paper provides an overview of the main research contributions of the past decade using general equilibrium models to analyse agricultural issues in South Africa. The methodological developments since the change to democracy ten years ago are viewed in the context of developments in this...

Low international wheat prices caused by tariffs and subsidies in developed countries have been blamed for causing financial difficulty to local farmers. While the indignation at these unfair trade practices may be valid, it does not follow that protection of the local industry is necessarily...

This paper reports the results of a computable general equilibrium (CGE) analysis of the South African sugar industry. The study was inspired by analyses of the EU South Africa Free Trade Agreement that indicated the importance of sugar exports to the welfare gains from agricultural trade...

Following recent international oil price increases, there has been considerable interest in how this external factor can affect the South African economy. This paper reports results from a computable general equilibrium (CGE) analysis of an increase (up to 30 per cent) in international oil...

Ongoing agricultural and food commodity price declines associated with efficiency gains in agricultural production, both domestically and internationally, can have important welfare effects for a country. The fact that consumers can buy cheaper imported and/or domestically produced foodstuffs...

Objectives. The EQ-5D is a preference-based measure of health and is increasingly being used in the evaluation of health technologies. A 'tariff' of values for all 243 EQ-5D health states has been generated using direct valuations on a subset of these states. The tariff is used to express the...