A Game Theoretic Framework for Cooperative Benefits in South Africa’s land redistribution process: a case of Northern Kwa-Zulu Natal Sugarcane Farmland Transfers (No. 308-2016-5118)
- Mbatha, Cyril N, Antrobus, Geoffrey G
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142958 , vital:38180 , https://ageconsearch.umn.edu/record/96156/
- Description: A good indicator of successful farm redistribution cases has to be the continuation of viable productivity rates in their post transfer periods. Continued productivity benefits all the stakeholders that are involved in the process. Unfortunately negative productivity levels have been reported in numerous South African land redistribution transfers in recent years. A game theoretic perspective is adopted to argue that cooperation among key stakeholders, which could be enforced through long term contracts between a land buyer, sellers and new owners, would lead to higher productivity levels and other benefits. Additional benefits would, for example, include market related prices paid by a buyer.
- Full Text:
- Date Issued: 2010
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142958 , vital:38180 , https://ageconsearch.umn.edu/record/96156/
- Description: A good indicator of successful farm redistribution cases has to be the continuation of viable productivity rates in their post transfer periods. Continued productivity benefits all the stakeholders that are involved in the process. Unfortunately negative productivity levels have been reported in numerous South African land redistribution transfers in recent years. A game theoretic perspective is adopted to argue that cooperation among key stakeholders, which could be enforced through long term contracts between a land buyer, sellers and new owners, would lead to higher productivity levels and other benefits. Additional benefits would, for example, include market related prices paid by a buyer.
- Full Text:
- Date Issued: 2010
Institutions and economic research: a case of location externalities on agricultural resource allocation in the Kat River basin, South Africa
- Mbatha, Cyril N, Antrobus, Geoffrey G
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142991 , vital:38183 , DOI: 10.1080/03031853.2013.798069
- Description: The Physical Externality Model is used to illustrate the potential limitations of blindly adopting formal models for economic investigation and explanation in varied geographical contexts. As argued by institutional economists for the last hundred years the practice limits the value and relevance of most general economic inquiry. This model postulates that the geographical location of farmers along a given watercourse, in which water is diverted individually, leads to structural inefficiencies that negatively affect the whole farming community. These effects are felt more severely at downstream sites and lead to a status quo where upstream farmers possess relative economic and political advantages over their counterparts elsewhere. In the study of the Kat River basin these predictions appear to be true only in as far as they relate to legal and political allocations and use of water resources.
- Full Text:
- Date Issued: 2010
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142991 , vital:38183 , DOI: 10.1080/03031853.2013.798069
- Description: The Physical Externality Model is used to illustrate the potential limitations of blindly adopting formal models for economic investigation and explanation in varied geographical contexts. As argued by institutional economists for the last hundred years the practice limits the value and relevance of most general economic inquiry. This model postulates that the geographical location of farmers along a given watercourse, in which water is diverted individually, leads to structural inefficiencies that negatively affect the whole farming community. These effects are felt more severely at downstream sites and lead to a status quo where upstream farmers possess relative economic and political advantages over their counterparts elsewhere. In the study of the Kat River basin these predictions appear to be true only in as far as they relate to legal and political allocations and use of water resources.
- Full Text:
- Date Issued: 2010
Land price premiums in South Africa's land redistribution process: a case study of Northern Kwazulu-Natal sugarcane farms
- Mbatha, Cyril N, Antrobus, Geoffrey G, Van Rooyen, Jonathan
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G , Van Rooyen, Jonathan
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142980 , vital:38182 , DOI: 10.1080/03031853.2010.491298
- Description: The desire to transfer 30 per cent of commercial farmland into the hands of black South Africans has progressed slower than anticipated. Politicians and government officials have blamed the market approach to the purchase of land for the challenges and failures in the process. An analysis of the transfer of sugarcane land in two districts in KwaZulu-Natal over the period 2000 to 2006 permitted a comparison of the prices paid to commercial farmers both in private transactions and in the case of sales to government. Data did not support the contention that the slow rate of transfer was due to a manipulation of land prices by landowners in an attempt to stall the process. It was concluded that the state lost most of its bargaining power in the land reform market due to the drawn out nature of the land valuation processes.
- Full Text:
- Date Issued: 2010
- Authors: Mbatha, Cyril N , Antrobus, Geoffrey G , Van Rooyen, Jonathan
- Date: 2010
- Language: English
- Type: text , article
- Identifier: http://hdl.handle.net/10962/142980 , vital:38182 , DOI: 10.1080/03031853.2010.491298
- Description: The desire to transfer 30 per cent of commercial farmland into the hands of black South Africans has progressed slower than anticipated. Politicians and government officials have blamed the market approach to the purchase of land for the challenges and failures in the process. An analysis of the transfer of sugarcane land in two districts in KwaZulu-Natal over the period 2000 to 2006 permitted a comparison of the prices paid to commercial farmers both in private transactions and in the case of sales to government. Data did not support the contention that the slow rate of transfer was due to a manipulation of land prices by landowners in an attempt to stall the process. It was concluded that the state lost most of its bargaining power in the land reform market due to the drawn out nature of the land valuation processes.
- Full Text:
- Date Issued: 2010
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