Modelling South African grain farmers' preferences to adopt derivative contracts using discrete choice models

Ueckermann, Elizabeth M.; Blignaut, James Nelson; Gupta, Rangan; Raubenheimer, Jacques

doi:10.1080/03031853.2008.9523798

Cited by 4 publications

(1 citation statement)

References 13 publications

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“…However, a major benefit in logit modelling is that the model determines the relative importance of the independent variables to explain the dependent variable, whether the independent variables are significant or not (Ueckermann et al, 2008). Household size measures labor availability.…”

Section: Model Resultsmentioning

confidence: 99%

Socioeconomic determinants of hybrid maize adoption in Kenya

Wang¹,

Vitale²,

Park³

et al. 2017

Afr. J. Agric. Res.

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Kenya has increasingly relied on modern agricultural technology to increase productivity since land extensification is no longer a feasible option to satisfy national food demands. Hybrid maize varieties have been one of the more successful technologies developed, responsible for dramatic yield increases in the developed world since World War II and more recently as an integral part of the Green Revolution. The purpose of this paper is to investigate the factors that affect the adoption of hybrid maize varieties in Kenya. A household survey was conducted to collect data on demographic and socioeconomic factors, as well as to elicit farmers' perceptions of the agronomic and consumption benefits of hybrid maize compared to open pollinated varieties. Using econometric (discrete choice) models, results showed that farmers' perceive that hybrid maize provides significant benefits in obtaining higher yields, but are less effective protecting against drought. Several other demographic and socioeconomic variables also had positive effects on hybrid maize adoption including access to modern farm equipment, distance to market, age, gender, education level and occupation of the household head. As Kenya and other African countries look to biotechnology as a means to increase productivity, the seed industry will need to continue finding ways to develop genetically modified maize to improve drought protection.

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Section: Model Resultsmentioning

confidence: 99%

Socioeconomic determinants of hybrid maize adoption in Kenya

Wang¹,

Vitale²,

Park³

et al. 2017

Afr. J. Agric. Res.

View full text Add to dashboard Cite

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Applying stated-preference methods to improve health systems in sub-Saharan Africa: a systematic review

Brown

Lee

Allegri

et al. 2017

Expert Review of Pharmacoeconomics & Outcomes Research

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Sub-Saharan African health systems must balance shifting disease burdens with desires for robust institutions. Stated-preference methods have been applied extensively to elicit health care workers' preferences and priorities for rural practice. This systematic review characterizes the range of their applications to African health systems problems. Areas covered: A PRISMA protocol was submitted to PROSPERO. Six databases were queried for peer-reviewed articles using quantitative stated-preference methods to evaluate a health systems-related trade-off. Quality was assessed using the PREFS checklist. Seventy-seven articles published between 1996 and 2017 met review criteria. Methods were primarily choice-based: discrete-choice experiments (n = 46), ranking/allocation techniques (n = 21), conjoint analyses (n = 7), and best-worst scaling (n = 3). Trade-offs fell into six 'building blocks': service features (n = 27), workforce incentives (n = 17), product features (n = 14), system priorities (n = 14), insurance features (n = 4), and research priorities (n = 1). Five countries dominated: South Africa (n = 11), Ghana (n = 9), Malawi (n = 9), Uganda (n = 9), and Tanzania (n = 8). Discrete-choice experiments were of highest quality (mean score: 3.36/5). Expert commentary: Stated-preference methods have been applied to many health systems contexts throughout sub-Saharan Africa. Studies examined established strategic areas, especially primary health care for women, prevention and treatment of infectious diseases, and workforce development. Studies have neglected the emerging areas of non-communicable diseases.

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Evaluating grain producers' production financing alternatives: evidence from South Africa

Middelberg

2013

Agricultural Finance Review

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Purpose -The purpose of this paper is to identify, present and compare agricultural production financing alternatives available to grain producers in South Africa. From the South African perspective, agricultural land cannot always be utilised as collateral and therefore alternative financing has developed. Design/methodology/approach -The study makes use of an exploratory study by applying qualitative techniques. The research population was agricultural finance providers in South Africa and semi-structured interviews were conducted with representatives of the sample. Findings -The production financing alternatives identified and presented include: grain contract financing; grain contract financing with additional collateral; and corporate farming. A comparison of these alternatives indicates that although the traditional balance sheet financing is a cheaper form of financing, using agricultural land as collateral has a number of limitations, especially within the South African context. Practical implications -Using agricultural land as collateral to obtain production financing is not always viable considering the present South African agricultural environment. Commercial grain producers should therefore consider the identified alternative production financing. Originality/value -Limited research on agricultural production finance from the South African perspective has been performed. Furthermore, no previous research on identifying production financing alternatives without utilising agricultural land as collateral has been performed. This paper therefore provides new knowledge by combining South African practice with theory.

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Modelling South African grain farmers' preferences to adopt derivative contracts using discrete choice models

Abstract: Abstract

Cited by 4 publications

References 13 publications

Socioeconomic determinants of hybrid maize adoption in Kenya

Socioeconomic determinants of hybrid maize adoption in Kenya

Applying stated-preference methods to improve health systems in sub-Saharan Africa: a systematic review

Evaluating grain producers' production financing alternatives: evidence from South Africa

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