5 research outputs found

    The recreational value of beaches in the Nelson Mandela Bay area, South Africa

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    Using beach visitation data collected via the administration of a questionnaire to 226 respondents, this paper estimates a random utility model of beach recreation. The relative value of selected attributes of beaches is estimated, and the recreational values of lost access to four Blue Flag beaches in the Nelson Mandela Bay area, namely Kings beach, Humewood beach, Hobie beach and Wells Estate beach, respectively are calculated to be R44.73, R24.61, R37.85 and R2.68 per person, per trip.

    An economic analysis of government expenditure allocations to black schooling in South Africa

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    In this thesis an assessment is made of the contribution of economic theory to the debate on government expenditure allocations to schooling in developing countries. Publicly provided Black schooling in South Africa is taken as the case study and viewed in the light of historical perspectives, as well as human capital, rent-seeking, welfare, liberal and contractarian theory. From an historical perspective, the willingness of Blacks to enrol at schools under National Party control, despite the poor quality of such schooling and lack of labour market incentives for them to do so, is paradoxical. It leads to the conclusion that under National Party administration the private benefit of Black schooling exceeded the private cost; a situation which is argued to have been influenced by rent-seeking. The propositions that government expenditure on Black schooling is a profitable social investment, and that rent-seeking has influenced the allocations of government expenditure on Black and White education are then investigated. Empirical support is found for both propositions, but it is based on the use of controversial methods and measures. The provision of education by the state can be justified on many economic grounds; the most popular being that this improves welfare by bringing about a better distribution of income or by redressing market failure. However, as there are major problems with this approach, it is concluded that neoclassical welfare theory fails to provide a persuasive justification for current levels of government expenditure on Black schooling. The provision of Black schooling by the state can also be justified in terms of liberal objectives. Classical and reform liberalism and their respective conclusions are examined. Marxist views on the role played by the state in the provision of education are also considered, but not found to be appropriate. Two contractarian assessments of the government's role in the provision of Black schooling are also provided in this thesis. They are based on the works of John Rawls (1971 and 1974) and James Buchanan (1986). The approach taken by James Buchanan is argued to be more appropriate to South African circumstances than Rawls's, and it is in the context of the former that problems with respect to public decisions on education and possible solutions to them are discussed. The conclusion of the thesis is that economic theory offers only a limited explanation for government expenditure allocations to Black education in South Afric

    Some theoretical considerations in applying cost-benefit analysis to Black education in South Africa

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    From introduction: In this thesis some of the economic theory underlying the application of cost-benefit analysis to education is considered with the view to discussing its relevance to the field of educational provision for Black people in South Africa. The fact that educational facilities available to Blacks are so vastly inferior to those of the Whites has given rise to virtual consensus that more has to be provided for the Black population. The economic implications of education are frequently cited to support this viewpoint. Using (a ) the theoretical bases established in chapters 1 and 2, (b) the review of the rate of return to education studies in chapter 3 and (c) the broader socio-economic considerations introduced in chapter 4, it is concluded that this viewpoint is not necessarily well founded in South Africa and that the potential for greater use of the techniques described, is far from exhausted

    Some theoretical considerations in applying cost-benefit analysis to Black education in South Africa

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    From introduction: In this thesis some of the economic theory underlying the application of cost-benefit analysis to education is considered with the view to discussing its relevance to the field of educational provision for Black people in South Africa. The fact that educational facilities available to Blacks are so vastly inferior to those of the Whites has given rise to virtual consensus that more has to be provided for the Black population. The economic implications of education are frequently cited to support this viewpoint. Using (a ) the theoretical bases established in chapters 1 and 2, (b) the review of the rate of return to education studies in chapter 3 and (c) the broader socio-economic considerations introduced in chapter 4, it is concluded that this viewpoint is not necessarily well founded in South Africa and that the potential for greater use of the techniques described, is far from exhausted

    The valuation of water for conservation projects in South Africa

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    A number of water development and conservation programmes are currently being undertaken in South Africa, one of the most notable being the Working for Water Programme. The economic rationale underlying the programme in selected mountain catchments in the Western Cape was presented by Van Wilgen et al. (South African Journal of Science, 93: 404-11, 1997) and Marais (Unpublished, PhD thesis, University of Stellenbosch, 1998). A cost-benefit analysis of the Working for Water Programme in the Mgeni catchment in KwaZulu-Natal was conducted by Gillham & Haynes (Unpublished paper presented at Tenth South African National Hydrology Symposium, 2001). Cost-benefit analysis has also been conducted in the Eastern Cape by Hosking & Du Preez (South African Journal of Science, 95: 442-8, 1999). There are, however, aspects of these assessments which merit more attention than they have been given thus far. One of these aspects is the value of water benefits, and this article examines it from the perspectives of marginal cost and willingness to pay. It is shown that different approaches are appropriate for different project locations, and that significantly different results are being obtained using these approaches. It is concluded that great care is needed in relating the value of water benefits to the specifics of the various locations where the conservation project is being implemented.
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