AN INPUT-OUTPUT ANALYSIS OF AGRIBUSINESS IN SOUTH AFRICA

D. E. N. van Seventer, C. S. Faux and J. van Zyl

Agrekon, 1992, vol. 31, issue 01

Abstract: Agriculture in South Africa plays a minor role in terms of contribution to gross domestic product. Amongst others for this reason, agriculture is only reflected as a single production activity in the South African input-output tables. This may understate'the possibility that a large number of production activities depend on agriculture. For this purpose the term agribusiness is introduced. A special inputoutput table is presented with particular emphasis on agribusiness in South Africa. This input-output table is used to highlight the relative importance of agribusiness by means of simple linkage analysis. The results show that agribusiness is relatively more important in terms of backward linkages and employment multipliers. Finally, these results are discussed in the context of a possible agriculture-demand-led industrialisation strategy. The relevance of such a strategy for South Africa remains to be seen, although certain elements are supported by the results of the simple linkage analysis.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:ags:agreko:267509

DOI: 10.22004/ag.econ.267509

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