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Research, Policy and Practice

Pastoralism Cover Image

Table 6 Summary of PAM results for eight wildlife properties in South Africa in 2010

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
  1. PAM, Policy Analysis Matrix; N/a.