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Analysis of Factors Influencing the Income Generated By Informal Fresh Produce Traders during Covid-19 Pandemic in Polokwane Local Municipality, South Africa

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  • Lefophane, Mapula Hildah
  • Mdungwa, Maria Sherly
  • Oluwatayo, Isaac Busayo

Abstract

This study examined factors influencing income generated by 100 informal fresh produce traders in Polokwane Local Municipality during the COVID-19 pandemic in South Africa. An Ordered Probit Model was used to examine the extent to which several factors had affected traders’ income, measured on a 5-Point Likert Scale ranging from “very low income” to “very high income”. The descriptive results showed that none of the traders had generated “very high income”, which is attributable to COVID-19 regulations and restrictions. The empirical results showed that age, education levels, other sources of income, government support, social relief grant, trading license, trading status, time period of contract, and trading stall, increased the probability of generating higher income. These results serve to inform policymakers on the policy strategies to pursue in order to improve the income generated by the informal fresh produce traders

Suggested Citation

  • Lefophane, Mapula Hildah & Mdungwa, Maria Sherly & Oluwatayo, Isaac Busayo, 2022. "Analysis of Factors Influencing the Income Generated By Informal Fresh Produce Traders during Covid-19 Pandemic in Polokwane Local Municipality, South Africa," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 10(4), October.
    • Handle: RePEc:ags:ijfaec:329629
    DOI: 10.22004/ag.econ.329629
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    References listed on IDEAS

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    3. Hassan, Mai & Schneider, Friedrich, 2016. "Size and Development of the Shadow Economies of 157 Countries Worldwide: Updated and New Measures from 1999 to 2013," IZA Discussion Papers 10281, Institute of Labor Economics (IZA).
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