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| Doucouliagos, Hristos; Hone, Phillip. |
| In this article we analyse trends in the economic performance of the dairy processing industry and evaluate the link between these trends and the deregulation of the industry. Using Stochastic Frontier Analysis to derive Malmquist total factor productivity estimates, we show that the industry exhibits a relatively high level of technical efficiency. Victoria, the major producing state, has been effectively on the frontier over the period studied. In recent years, the rapid expansion in capital investment that has attended the shift towards deregulation, has been accompanied by an apparent slowdown in both productivity growth and technical progress. There is also evidence of a convergence in productivity levels across states. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/117845 |
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| Lawrence, Denis; Hone, Phillip. |
| The Lau and Yotopoulos restricted profit function methodology for testing for differences in economic efficiency and its components of allocative and technical efficiency is applied to data from grazing properties in the High Rainfall Zone of New South Wales. Tests are made on the basis of property size and operator's age. Larger farms are found to be significantly more economically efficient than smaller farms. The range of data considered in this study is found to exhibit constant returns to scale. Operator's age is found to have no effect on economic, allocative or technical efficiency and both younger and older operators are found to allocate variable inputs optimally. Finally, the usefulness of the methodology for examining issues related to economic... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Productivity Analysis. |
| Ano: 1981 |
URL: http://purl.umn.edu/12247 |
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| Hone, Phillip. |
| The implications of recent trends in the delivery and financing of agricultural extension services are assessed. The economic consequences of the introduction of charges and the increased reliance on private consultants to deliver extension services are considered in terms of their efficiency and distributional consequences. It is concluded that there is a strong efficiency case for charging for most extension activities. The presence of externalities or non-rival consumption properties in some extension activities does not establish that subsidised provision would be justified from an efficiency perspective. The impact of the price elasticities of demand for extension services and rural output on the distributional consequences of alternative funding... |
| Tipo: Journal Article |
Palavras-chave: Teaching/Communication/Extension/Profession. |
| Ano: 1991 |
URL: http://purl.umn.edu/12386 |
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| Fraser, Iain; Hone, Phillip. |
| In this article we explore some issues surrounding the use of farm‐level efficiency and productivity estimates for benchmarking studies. Using an eight‐year balanced panel of Victorian wool producers we analyse annual variation between estimates of farm‐level technical efficiency derived using Data Envelopment Analysis and Malmquist estimates of Total Factor Productivity. We find that farms change their relative rank in terms of efficiency across years. Also, unlike aggregate studies of Total Factor Productivity, we find at best erratic and modest growth, a worrying result for this industry. However, caution is needed when interpreting these results, and for that matter, benchmarking analysis as currently practised when using frontier estimation techniques... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Productivity Analysis. |
| Ano: 2001 |
URL: http://purl.umn.edu/117390 |
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