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

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  • Wittmann Nadine

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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  • Wittmann Nadine, 2013. "A microeconomic analysis of the socio-economic situation along the Kat River Water Basin: Comment," Agrekon, Taylor & Francis Journals, vol. 52(2), pages 128-135, June.
    • Handle: RePEc:taf:ragrxx:v:52:y:2013:i:2:p:128-135
    DOI: 10.1080/03031853.2013.798068
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    1. Beard, Rodney, 2011. "The river sharing problem: A review of the technical literature for policy economists," MPRA Paper 34382, University Library of Munich, Germany.
    2. Grafton, R. Quentin & Landry, Clay & Libecap, Gary D. & O’Brien, R.J. (Bob), 2009. "Water Markets and Scarcity: Australia’s Murray Darling Basin and the US Southwest," Research Reports 94943, Australian National University, Environmental Economics Research Hub.
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    Cited by:

    1. Abramov, Alexander E. (Абрамов, Александр Е.) & Aksenov, Ivan V. (Аксенов, Иван В.) & Radygin, Alexander D. (Радыгин, Александр Д.) & Chernova, Maria I. (Чернова, Мария И.), 2018. "Modern Approaches to Measuring the State Sector: Methodology and Empirics [Современные Подходы К Измерению Государственного Сектора: Методология И Эмпирика]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 36-69, February.

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