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

By:

Nadine, Wittmann [author]

Material type: Text

TextSeries: 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):

Institutions -- River -- Location-specific externalities

LOC classification:

HD1401 AGR

Online resources:

Click here to access online

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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Holdings
Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
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

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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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