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A microeconomic analysis of the socio-economic situation along the Kat River Water Basin: Comment created by Wittmann Nadine

By: Material type: TextTextSeries: Agricultural Economics Research, Policy and Practice in Southern Africa ; Volume 52, number 3Johannesburg: Taylor and Francis, 2013Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 03031853
Subject(s): LOC classification:
  • HD1401 AGR
Online resources: Abstract: 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.
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Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HD1401 AGR (Browse shelf(Opens below)) Vol. 52, no. 2 (pages 128-135) SP16842 Not for loan For in house use

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.

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