New PDF release: Agrarian Change in Central Rainlands: Sudan

February 14, 2018 | Management | By admin | 0 Comments

By Salih Mohamed

ISBN-10: 917106270X

ISBN-13: 9789171062703

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The control of t h e private s e c t o r was c o m p l e t e over t h e e n t i r e range of operations in t h e e x p o r t m a r k e t f r o m t h e f a r m g a t e t o t h e export delivery. The Government control w a s limited t o a variety of d i r e c t and indirect t a x e s on domestic and export t r a d e (Sultan, 1986). By 1970, t h e s t a t e sought t o e x e r c i s e m o r e control over t h e export market. T h e mechanism f o r achieving such control w a s through establishment boards.

A revenue maximizing p a r a s t a t a l would choose P s o a s t o maximize i t s n e t revenue. f M NR = Q (pw solve t h e following problem: By simple calculus w e g e t t h e first maximization: -26- Then t o - pf] order conditions for Multiplying both sides by 'f yields: Q Simplifying and denoting t h e revenue maximizing solution by P r , w e get: w h e r e e is t h e long run e l a s t i ~ i t yof supply with r e s p e c t t o t h e f a r m g a t e price. For a given p W and e, t h e p a r a s t a t a l c a n s e t p s o a s t o maximize revenues since p is on a n increasing function of e ; r a s e g e t s smaller, t h e p a r a s t a t a l c a n reduce p further.

CO -wives. homesteads T h e duration of a husband's depends primarily on t h e distance If t h e y a r e l o c a t e d in villages f a r a p a r t , h e m a y spend up t o a week o r m o r e in e a c h a t a time. If t h e y a r e in neighbouring villages his s t a y in e a c h usually l a s t s t h r e e days; if t h e y a r e in t h e s a m e village h e m a y spend only o n e night in each. Each homestead, irrespective of i t s composition, c o n s t i t u t e s a household and a basic unit of production.

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Agrarian Change in Central Rainlands: Sudan by Salih Mohamed


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