Logo Lanfrica
  • Home
  • Atlas
  • Insights
  • Docs
  • Sign in

© 2026 Lanfrica. All rights reserved. All copyrights of the resources shown on the Lanfrica website belong to the original copyright holders, unless explicitly stated otherwise.

Modeling Long-term Commodities: the Development of a Simulation Model for the South African Wine Industry within a Partial Equilibrium Framework

Domain:

agriculturesocioeconomic

Record type:

software
Creator:
SanFerMicNic
Publisher:
Cam
Host:
Abstract Econometric demand and supply models of agricultural commodities and crops have been around for a long time with extensive research and adaptations being made in the grain and livestock sectors. This much attention has, however, not been afforded to long term commodities. This paper presents a partial equilibrium framework for modeling long term commodities using the South African wine industry as an example. The model structure is presented and two different approaches to closing the model are compared. The usefulness of the model is tested in the form of baseline projections and the analysis of a typical “what if” question. (JEL Classification: D5, L66, Q11)

Visit

doi.org

Licenses

https://www.cambridge.org/core/terms

Similar

A proposed risk framework as a tool for sustainability for the South African wine industryThe development of a computerised simulation model to guide the South African higher education sector in short and long-term planning of TEL infrastructurePotentials of the African Continental Free Trade Area: A combined partial and general equilibrium modeling assessment for Central AfricaAnalyzing the Competitive Performance of the South African Wine IndustryThe development of a sepedi text generation model using long-short term memoryLong-Term Equilibrium Relationship of the Johansen Model Applied to an Island Zone for Photovoltaic Energy Prediction

A proposed risk framework as a tool for sustainability for the South African wine industry

Aim: There is an existing gap in the literature that addresses the importance of risk management as

The development of a computerised simulation model to guide the South African higher education sector in short and long-term planning of TEL infrastructure

This study deals with the development of a computerised simulation model to guide the South African

Potentials of the African Continental Free Trade Area: A combined partial and general equilibrium modeling assessment for Central Africa

Abstract This study evaluates the potential impacts of the implementation of the African Continenta

Analyzing the Competitive Performance of the South African Wine Industry

This article describes a methodology and a four-step framework to measure and analyze competitive pe

The development of a sepedi text generation model using long-short term memory

Long-Term Equilibrium Relationship of the Johansen Model Applied to an Island Zone for Photovoltaic Energy Prediction

International audience Solar photovoltaic (PV) plant systems transform solar energy i