{"title":"Land redistribution and the South African economy","authors":"J. Mukarati, I. Mongale, G. Makombe","doi":"10.17221/120/2019-agricecon","DOIUrl":null,"url":null,"abstract":"Land redistributive policies can be viewed as effective tools for reducing rural poverty mainly because agriculture continues to be a major source of rural livelihood and a contributor to rural economic growth. For the structural changes and economy-wide impacts, including behavioural changes of rural land distribution, to be assessed and captured through time, a South African Social Accounting Matrix can be used as a database to construct a dynamic computable general equilibrium simulation model to simulate the potential impact on household welfare in South Africa. This study seeks to assess how government redistributive policies may affect household welfare in shortand long-run, focusing on poverty and income distribution in South Africa by applying a dynamic computable general equilibrium microsimulation model. The results showed that rural land distribution increases poor household income through an increase in factor by an average of 0.828. However, for most macroeconomic variables, the impact is negative in the short-run with a gradual increase in the long-run. The results support the claim that rural land distribution coupled with agriculture investment and government support can be effective in improving household welfare.","PeriodicalId":48961,"journal":{"name":"Agricultural Economics-Zemedelska Ekonomika","volume":"1 1","pages":"46-54"},"PeriodicalIF":1.9000,"publicationDate":"2020-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Agricultural Economics-Zemedelska Ekonomika","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.17221/120/2019-agricecon","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 8
Abstract
Land redistributive policies can be viewed as effective tools for reducing rural poverty mainly because agriculture continues to be a major source of rural livelihood and a contributor to rural economic growth. For the structural changes and economy-wide impacts, including behavioural changes of rural land distribution, to be assessed and captured through time, a South African Social Accounting Matrix can be used as a database to construct a dynamic computable general equilibrium simulation model to simulate the potential impact on household welfare in South Africa. This study seeks to assess how government redistributive policies may affect household welfare in shortand long-run, focusing on poverty and income distribution in South Africa by applying a dynamic computable general equilibrium microsimulation model. The results showed that rural land distribution increases poor household income through an increase in factor by an average of 0.828. However, for most macroeconomic variables, the impact is negative in the short-run with a gradual increase in the long-run. The results support the claim that rural land distribution coupled with agriculture investment and government support can be effective in improving household welfare.
期刊介绍:
An international peer-reviewed journal published under the auspices of the Czech Academy of Agricultural Sciences and financed by the Ministry of Agriculture of the Czech Republic. Published since 1954 (by 1999 under the title Zemědělská ekonomika).Thematic scope:
original scientific papers dealing with agricultural subjects from the sphere of economics, management, informatics, ecology, social economy and sociology. Since 1993 the papers continually treat problems which were published in the journal Sociologie venkova a zemědělství until now. An extensive scope of subjects in fact covers the whole of agribusiness, that means economic relations of suppliers and producers of inputs for agriculture and food industry, problems from the aspects of social economy and rural sociology and finally the economics of the population nutrition. Papers are published in English.