| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
MEASUREMENT AND EXPLANATION OF TECHNICAL EFFICIENCY IN MISSOURI HOG PRODUCTION
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| Autores: |
Ben-Belhassen, Boubaker
Womack, Abner W.
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| Data: |
2000-05-11
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| Ano: |
2000
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| Palavras-chave: |
Technical efficiency
Economies of scale
Production frontier
Econometric methods
Industrial Organization
Livestock Production/Industries
Productivity Analysis
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| 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.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
1989
http://purl.umn.edu/21819
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| Editor: |
AgEcon Search
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| Relação: |
American Agricultural Economics Association>2000 Annual meeting, July 30-August 2, Tampa, FL
Selected Paper
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| Formato: |
19
application/pdf
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