Data/hora: 06/06/2024 18:25:41

Provedor de dados: | 31
País: | United States
Título: | MEASUREMENT AND EXPLANATION OF TECHNICAL EFFICIENCY IN MISSOURI HOG PRODUCTION
Autores: | Ben-Belhassen,   Boubaker; Womack,   Abner W.
Data: | 2000-05-11
Ano: | 2000
Palavras-chave: | Technical efficiency; Economies of scale; Production frontier; Econometric methods; Industrial Organization; Livestock Production/Industries; Productivity Analysis.
Resumo: | The U.S. live hog production has undergone a significant structural change characterized by a trend toward larger operations. Experts argue that there is a cost advantage for larger farms due to industrialization and increased management intensity. One important element in production, mainly for industries with rapid consolidation, is technical efficiency which affects the firm's competitive position directly. This study uses a stochastic production frontier function and farm-level data to measure and explain technical efficiency in Missouri hog production. The study estimates the mean technical efficiency for farms in the sample at about 82 percent, implying that a large proportion of production (18%) is lost due to farm-specific inefficiencies. Further, the results of the technical efficiency model proves the effects of  technology and managerial skills on the level of productive efficiency. The study also finds economies of scale in hog production, thus explaining the consolidation in the industry.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

1989

http://purl.umn.edu/21819

Editor: | AgEcon Search

Relação:

American Agricultural Economics Association&gt;2000 Annual meeting, July 30-August 2, Tampa, FL

Selected Paper

Formato:

19

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