Original Research
The South African wildlife ranching sector: A Social Accounting Matrix Leontief multiplier analysis
Submitted: 11 September 2013 | Published: 08 October 2014
About the author(s)
Philippus C. Cloete, TRADE Research Niche Area, North-West University, Potchefstroom Campus, South AfricaRiaan Rosouw, TRADE Research Niche Area, North-West University, Potchefstroom Campus, South Africa
Abstract
Research purpose: The purpose of this article is to put into context the relative economic contribution of the wildlife ranching sector, as opposed to other land-use options in South Africa.
Motivation for the study: Growth in the wildlife ranching sector at the cost of other traditional farming practices resulted in disagreements amongst various role players about the impact thereof on the national economy. The controversy can most probably be explained by different beliefs, coupled with the lack of a proper understanding and quantification of the wildlife ranching sector’s contribution toward the economy.
Research methodology: The study employed a Social Accounting Matrix-based Leontief multiplier analysis for South Africa.
Main findings: Results from the multiplier analysis revealed that developments within the wildlife ranching sector are likely to make a relatively more superior contribution towards the economy, especially when compared to similar land-use options such as extensive livestock production.
Practical/managerial implications: It has been acknowledged by both academia and private sector that a major need exists for more research on the South African wildlife ranching industry, specifically looking at issues such as the industries, economic and social contributions, potentials and constraints. The research, therefore, contributes toward the depth of economic information and research regarding the South African wildlife sector.
Contribution/value added: The research provides valuable information in dealing with the ‘popular belief’, especially amongst some of South Africa’s decision makers, namely, that growth in the wildlife ranching sector is not or does not have the ability to contribute significantly toward economic and socioeconomic factors.
Keywords
Metrics
Total abstract views: 4749Total article views: 10365
Crossref Citations
1. The diverse socioeconomic contributions of wildlife ranching
Candice Denner, Hayley S. Clements, Matthew F. Child, Alta De Vos
Conservation Science and Practice vol: 6 issue: 7 year: 2024
doi: 10.1111/csp2.13166