This study defines the bargaining process undertaken between a large number of heterogeneous farmers and a few intermediaries within the deregulated South African grain industry. Based on this process, an outcome has been obtained by applying a seemingly unrelated cross-sectional regression model utilizing regional panel data relating to the years from 2000 to 2005. The results indicate that the bargaining game yields more efficient results in all the regions for all the market players and to an even greater extent when interregional bargaining takes place. The authors suggest that this type of bargaining instrument can serve as a planning tool for the grain producers in order to strengthen their bargaining position in the new free-market environment.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Volume (Year): VI (2009) Issue (Month): 1 (February) Pages: 40-55 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:icf:icfjie:v:06:y:2009:i:1:p:40-55
Contact details of provider:
For technical questions regarding this item, or to correct its listing, contact: (M Aruna).
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Seierstad, Atle & Sydsaeter, Knut, 1977.
"Sufficient Conditions in Optimal Control Theory,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 367-91, June.
[Downloadable!] (restricted)