THE ROLE OF THE MAIZE INDUSTRY IN THE SOUTH AFRICAN ECONOMY

J. van Zyl · H. J.G. Nel

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Agricultural economics and policies Agriculture and Agroindustry Studies Agricultural Economics and Practices

Abstract

The role of the maize industry is discussed with reference to employment, foreign exchange earnings, food production, input provision, market segment and contribution to GDP. The impact of changes in the maize industry is quantified by means of input-output analysis and dynamic multipliers. The impact of the maize industry is insignificant relative to the total economy with regard to contribution to GDP, market for other products and input provision. Employment is the terrain of the most important impact of the maize industry.

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References

1936Quantitative Input and Output Relations in the Economic Systems of the United States 1969Introduction to input-output economics 1987Labour-related structural trends in South African maize production 1982CHANGES IN THE PARITY POSITION OF SOUTH AFRICAN AGRICULTURE 1987THE INFLUENCE OF DROUGHT AND GENERAL ECONOMIC EFFECTS ON AGRICULTURE: A MACRO-ANALYSIS

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