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A Statistical Analysis Of The Demand For Maize In South Africa

Author

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  • van Zyl, J.

Abstract

In a dynamic economic situation, decisions concerning price, promotion, distribution, production and product policy must be made almost continually. Ample knowledge and information, amongst others, of various demand factors are necessary for the composition and maintenance of an efficient marketing strategy. Only then is there a thorough base for business control, strategic planning and forecasting. In this study it was endeavoured to determine some characteristics of the demand for maize in South Africa. Several important coefficients, for example price elasticity, income elasticity and cross-elasticity of the total demand for maize as well as that of individual components thereof, were calculated. These coefficients should provide useful and almost indispensable information concerning the effects of price changes, and mutual substitution and complementarity.

Suggested Citation

  • van Zyl, J., 1986. "A Statistical Analysis Of The Demand For Maize In South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 25(3), October.
    • Handle: RePEc:ags:agreko:267130
    DOI: 10.22004/ag.econ.267130
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    Cited by:

    1. van Zyl, J. & Vink, N., 1989. "Structural Aspects Of Beef Production On Pastures In The Summer Rainfall Grain Producing Areas Of South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 28(3), October.
    2. Sartorius von Bach, Helmke & van Zyl, Johan, 1994. "Elasticities Of Substitution Between Carbohydrates In South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(1), March.
    3. Cleasby, R. C. G. & Darroch, M. A. G. & Ortmann, G. F., 1993. "Factors Affecting The Demand For And Supply Of South African Yellow Maize Exports," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 32(1), March.

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