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Agrekon
Agricultural Economics Research, Policy and Practice in Southern Africa
Volume 33, 1994 - Issue 3
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Articles/Artikels

A REGIONAL ANALYSIS OF AGRICULTURAL PRICE RISK IN SOUTH AFRICA / 'n Streeksanalise van landbou prysrisiko in Suid-Afrika

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Pages 113-121 | Published online: 09 Jun 2010
 

Abstract

Regional output/input price differentials and variations were calculated to evaluate price risk in South Africa. It was found that price unstable regions are not necessarily also risky regions as regions with higher output/Input price ratios can handle higher price variations better. The average value of the price index for the top ten regions is over 3 times larger than the average for the ten lowest regions. The higher the prices of inputs relative to output prices (the lower the price ratio), the smaller their application to each hectare of land, and the lower the land productivity. The regional prices appears to be a function of the interaction between differential natural and economic factors in different regions.

Regionale uitset/inset prysverskille en variasies is bereken om prys risiko in Suid-Afrika te evalueer. Daar is gevind dat prys onstabiele streke nie noodwendig ook hoë risiko streke is nie, want streke met hoër uitset/inset prys verhoudings kan hoër prys variasies beter verwerk. Die gamiddelde waarde van die prys indeks vir die tien top streke is meer as 3 Keer groter as die gemiddeld vir die tien laagste streke. Hoe hoër die pryse van insette relatief tot uiset pryse (be Lacr die prys verhoding), hoe minder is hulle aanwading per hektaar, en hoe her die ground produktiwitcit. Regionale pryse blyk 'n funksie te wees van die verskille in natuurlike en ekonomicse faktore in verakillende streke.

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