This paper develops the structure and closure of an econometric regime-switching model within a partial equilibrium framework that has the ability to generate reliable estimates and projections of endogenous variables under market switching regimes. Models used in policy evaluation usually...

There is growing evidence that freshwater availability is declining, while competition among sectors for the withdrawal of this scarce resource is rapidly increasing,(Rosegrant et a, 2002). Therefore, the need to promote inter-sectoral water use efficiency from the demand-side management has...

The purpose of this paper was to investigate the role of trust in the performance of the sugar industry supply chain in Swaziland. The study utilized perceptions of 124 smallholder cane growers in the sugar industry in Swaziland. Items presented in a likert type scale were used to measure cane...

The consumer price index was first used in 1707. In 1925 it became institutionalised when the Second International Conference of Labour Statisticians, convened by the ILO, promulgated the first international standards of measurement. These original standards have been revised three times and are...

Contracting arrangements in agribusiness procurement practices in South Africa

Stringent sanitary and phytosanitary standards (SPS) have proliferated in the aftermath of the Uruguay Round Agreement on Agriculture (URAA). These standards are currently becoming a major stumbling block in agricultural trade for developing countries. Limited by inadequate resources and...

The introduction of genetically modified (GM) food products to food markets around the world, has led to considerable controversy. In many cases consumer attitudes and perceptions of GM food products were revealed as fears, concern for, and avoidance of the new technology. The importance of GM...

The past decade has witnessed an increased interest in the concept of social networks after the seminal theses of Coleman (1988) and Putnam (1993). An area that has attracted a great deal of interest is the value of social networks in small-scale enterprise development. This paper interrogates...