Research, Policy and Practice
From: The economics and institutional economics of wildlife on private land in Africa
 | Farm | |||||||
---|---|---|---|---|---|---|---|---|
All price in South Africa Rand | a | b | c | d | e | f | g | h |
(US $1=R7) | ||||||||
Property attributes | ||||||||
Farm size (ha) | 5,207 | 1,700 | 3,700 | 2,017 | 2,800 | 3,200 | 14,400 | 30,000 |
Big five | Yes | No | Yes | No | No | No | No | Yes |
Beds | 68 | 42 | 52 | 12 | 12 | 10 | - | - |
Average price (rand) | 2,854 | 350 | 260 | 285 | 350 | 250 | - | - |
Revenue sources(% of total revenue) | ||||||||
Tourism accommodation | 95 | 2 | 79 | 95 | 0 | 5 | 0 | 0 |
Biltong hunting | 0 | 0 | 0 | 0 | 0 | 17 | 1 | 0 |
Cattle | 0 | 0 | 0 | 0 | 0 | 0 | 84 | 0 |
Game meat | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
Live game sales | 0 | 92 | 2 | 0 | 100 | 71 | 14 | 100 |
Retail | 6 | 0 | 3 | 2 | 0 | 0 | 0 | 0 |
Trophy hunting | 0 | 6 | 16 | 0 | 0 | 6 | 2 | 0 |
Labour | ||||||||
Number of workers | 194 | 84 | 20 | 19 | 9 | 10 | 75 | 10 |
Labour cost (rand/ha) | 2,788 | 600 | 664 | 471 | 238 | 87 | 233 | 14 |
Labour cost (% of total expenditure) | 77 | 21 | 43 | 63 | 51 | 18 | 19 | 18 |
Financial and economic results | ||||||||
Gross income (rand/ha) | 8,706 | 4,936 | 2,231 | 105 | 1,643 | 1,099 | 2,906 | 150 |
Gross margin (rand/ha) | 8,282 | 2,886 | 856 | 4 | 1,434 | 768 | 1,947 | 90 |
Private cost ratio | 0.38 | 0.44 | 0.13 | −1.51 | 0.34 | 0.69 | 0.16 | 0.16 |
Domestic resource cost | 0.2 | 0.22 | 0.59 | −1 | 0.26 | 0.43 | 0.11 | 0.08 |
Effective protection coefficient | 0.94 | 0.88 | 0.92 | 0.94 | 0.96 | 1.03 | 0.91 | 0.9 |
Profitability coefficient | 0.73 | 0.64 | 0.14 | 1.18 | 0.86 | 0.55 | 0.86 | 0.83 |
Net policy transfer (% tax on net profits) | 27 | 36 | 86 | −18 | 14 | 45 | 14 | 17 |