A MICROECONOMIC ANALYSIS OF THE SOCIO-ECONOMIC SITUATION ALONG THE KAT RIVER WATER BASIN: COMMENT

被引:0
|
作者
Wittmann, Nadine [1 ]
机构
[1] TU Berlin, D-10623 Berlin, Germany
关键词
institutions; river sharing; location-specific externalities; farming; Kat River Valley;
D O I
10.1080/03031853.2013.798068
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
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.
引用
收藏
页码:128 / 135
页数:8
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