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Measuring Regional Productivity Differences in the Australian Wool Industry: A Metafrontier Approach AgEcon
Villano, Renato A.; Fleming, Euan M.; Fleming, Pauline.
Using panel data, we estimate technology gaps for four distinct sheep-producing regions in Eastern Australia (Northern New South Wales, Central and South-Eastern New South Wales, South-Western New South Wales and South-West Victoria) that reflect spatial environmental and technological differences in wool production. A deterministic stochastic metafrontier production function model is estimated that envelops the stochastic frontiers of the four regions. This metafrontier approach enables us to estimate the environment-technology gap ratio that reflects these spatial differences in the environment and variations in production technologies in the wool enterprise for benchmarked farmers in each region. As a result, a more accurate estimation is possible of...
Tipo: Conference Paper or Presentation Palavras-chave: Efficiency; Productivity; Metafrontier; Technology Gaps; Wool Production; Spatial; Livestock Production/Industries; Productivity Analysis; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6036
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