A microeconomic analysis of the socio-economic situation along the Kat River Water Basin: Comment
Nadine, Wittmann
A microeconomic analysis of the socio-economic situation along the Kat River Water Basin: Comment created by Wittmann Nadine - Agricultural Economics Research, Policy and Practice in Southern Africa Volume 52, number 3 .
According to Mbatha and Antrobus (2008), basic economic models are inadequate for explaining the socio-economic situation of farmers along the Kat River water basin (KRV) as their results do not reflect their empirical findings. However, this is due to the fact that the economic model implemented is not tailored according to the specific characteristics of the region. Therefore, this paper incorporates the latter in a microeconomic model. Once all the relevant factors are accounted for, an economic model may very well suffice to depict the socio-economic situation present in the KRV, which is in contrast to previous findings.
03031853
Institutions--Location-specific externalities--River
HD1401 AGR
A microeconomic analysis of the socio-economic situation along the Kat River Water Basin: Comment created by Wittmann Nadine - Agricultural Economics Research, Policy and Practice in Southern Africa Volume 52, number 3 .
According to Mbatha and Antrobus (2008), basic economic models are inadequate for explaining the socio-economic situation of farmers along the Kat River water basin (KRV) as their results do not reflect their empirical findings. However, this is due to the fact that the economic model implemented is not tailored according to the specific characteristics of the region. Therefore, this paper incorporates the latter in a microeconomic model. Once all the relevant factors are accounted for, an economic model may very well suffice to depict the socio-economic situation present in the KRV, which is in contrast to previous findings.
03031853
Institutions--Location-specific externalities--River
HD1401 AGR