Article thumbnail

Measuring the agribusiness decision environment: Constructing an agribusiness confidence index for South Africa

By Dirk Esterhuizen and C.J. van Rooyen

Abstract

South African agribusinesses are experiencing far reaching changes. Economists have developed indicators, generally known as indexes, to measure relative change in the industry. In this article the methodology to construct a business confidence index for agribusiness in South Africa is discussed. The objective of such an index is to determine the business confidence of agribusinesses as accurately as possible. Some 80 agribusinesses in South Africa are at present participating in the AGRIBUSINESS CONFIDENCE INDEX. For the first quarter of 2002 the index points to a 20% improvement in the business confidence of South African agribusinesses compared to the same period the year before, while in the second quarter the index was up 14% on the previous year. This increase in confidence goes hand in hand with some other positive trends in the agricultural sector of South Africa regarding competitiveness and investment.Agribusiness,

OAI identifier:
Downloaded from http://purl.umn.edu/9498

Suggested articles

Citations

  1. (2002). Abstract of Agricultural Statistics. The Directorate: communication, Private Bag X144,
  2. (2001). Agribusiness survey.
  3. (1999). Agribusiness: Disciplines and dimensions.
  4. (1997). Commercial agriculture in the Western Cape: Macro economic analysis with a social accounting matrix.
  5. (1998). Coordination between production and commercial planning: Organizational and modelling issues.
  6. (2000). Investment analysis for the natural resource intensive manufacturing and processing sectors.
  7. (2002). Investment in South African agro-food and fibre complex: perceptions, evidence and analysis.
  8. (1989). Moderne statistiek vir die praktyk. J.L van Schaik (Edms) BPk,
  9. (1996). Mordern statistics in practice. J.L van Schaik (Edms) BPk,
  10. (1999). Supply chain management.
  11. (1996). The role of the agriculture and food sector in the South African economy. Agriculture Research Council Annual Report

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.