IDEAS home Printed from https://ideas.repec.org/p/pre/wpaper/200706.html
   My bibliography  Save this paper

A Panel Bargaining Model within the Regional Boundaries of the South African Grain Industry

Author

Listed:
  • Elizabeth M. Ueckermann

    (Department of Economics, University of Pretoria)

  • James N. Blignaut

    (Department of Economics, University of Pretoria)

  • Rangan Gupta

    (Department of Economics, University of Pretoria)

Abstract

The present 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 was obtained by means of the application of a seemingly unrelated cross-sectional regression model utilising 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 of the present paper 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.

Suggested Citation

  • Elizabeth M. Ueckermann & James N. Blignaut & Rangan Gupta, 2007. "A Panel Bargaining Model within the Regional Boundaries of the South African Grain Industry," Working Papers 200706, University of Pretoria, Department of Economics.
    • Handle: RePEc:pre:wpaper:200706
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    More about this item

    Keywords

    non-cooperative games; panel data;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pre:wpaper:200706. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rangan Gupta (email available below). General contact details of provider: https://edirc.repec.org/data/decupza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.