DETERMINANTS OF THE MAIZE BOARD-MILLER MARKETING MARGIN IN SOUTH AFRICA: 1977-1993

W. J. F. Vigne and M. A. G. Darroch

Agrekon, 1996, vol. 35, issue 4

Abstract: Determinants of the Maize Board - Miller (MBM) marketing margin for the period 1977-1993 (period defined by data limitations) are identified for a mark-up model using Three-Stage Least Squares Regression (3SLS) and Principal Component Analysis. The MBM margin was positively related to the real miller white maize meal selling price, real variable processing costs, and a change in Maize Board pricing policy after 1987.

Keywords: Crop Production/Industries; Marketing (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:267994

DOI: 10.22004/ag.econ.267994

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