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Results showing for: Consumer Economics

Evaluating the demand for meat in South Africa: an econometric estimation of short-term demand elasticities

The study aims to improve understanding of meat demand in South Africa through the estimation of a Linear Approximation of an Almost Ideal Demand System (LA/AIDS) for the South African meat complex which includes beef, mutton, pork and poultry. As the most widely consumed animal protein, a special focus is placed on poultry, which is disaggregated into two separate product

Vertical price transmission and its inflationary implications in South African food chains

Various studies interrogate the issue of food inflation from a commodity level vantage point but fail to relate how commodity prices manifest in retail prices, and ultimately, how it impacts food inflation. This study uses vertical price transmission analysis, with time series econometric techniques, to determine how underlying commodity prices manifest in final retail prices and the associated reasons for

Competitiveness of Local Grain and Oilseeds Industries on the Global Market

DR DIRK STRYDOM, DIVAN VAN DER WESTHUIZEN  Globalisation is becoming more of a reality, not only in the industrial sector, but also closer to home in the agricultural industry. It can be seen in the consolidation of input suppliers and the effect of international prices on local ones.    Download here to read the full article. 

Palm oil

A POSSIBLE HEALTH AND ENVIRONMENTAL DILEMMA  New findings in health research are a primary driver in the change of nutritional content of composite foods, cooking methods, and nutrient additions. Numerous examples from the last 20 years demonstrate the symbiotic relationship between science and the food industry including a reduction of saturated fats in foods.  

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