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Registros recuperados: 13
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The Effects of Supply Shifts on Producers' Surplus: the Case of Inelastic Linear Supply Curves AgEcon
Karagiannis, Giannis; Furtan, William Hartley.
This paper derives sufficient conditions (in terms of supply and demand elasticities) for producers to gain under different supply shifts when supply and demand are specified to be linear functions and supply is inelastic. It is shown that regardless of the type of supply shift, producers lose whenever the sum of absolute values of supply and demand elasticities is less than one, while they gain when production takes place in the elastic portion of the demand. In all other cases arising from alternative elasticity configurations simple formulas developed in this paper may be used to determine the direction of change in producers surplus.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/26430
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ASSESSING EUROPEAN FARMERS’ INTENTIONS IN THE LIGHT OF THE 2003 CAP REFORM AgEcon
Genius, Margarita; Karagiannis, Giannis; Tzouvelekas, Vangelis.
The effects of the 2003 CAP reform on the farmers’ decisions on whether to abandon their farming activity, how much to produce and what to produce are analyzed in the present paper. To this effect data collected for Hungarian, Dutch and Greek farmers on their perceptions about the reform and its effects, and on their production intentions is analyzed using discrete choice models under 3 alternative scenarios for the future produce prices. The discrete choice model applied in the present paper is sequential since farmers are confronted with a sequence of choices. In the first stage, the choice is between abandoning farming or continuing, then those farmers who have chosen to continue are presented with two additional choices related to their level of...
Tipo: Conference Paper or Presentation Palavras-chave: CAP; Farmers choices; MTR assesment; Agricultural and Food Policy; Political Economy; Q10; Q18.
Ano: 2008 URL: http://purl.umn.edu/44849
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Efficiency in Damage Control Inputs: A Stochastic Production Frontier Approach AgEcon
Karagiannis, Giannis; Tsionas, Efthimios; Tzouvelekas, Vangelis.
The present paper extents the existing literature providing a theoretically consistent framework for measuring input-specific technical efficiency in damage control inputs within a stochastic production frontier model. The theoretical framework for modeling damage control agents is based on Fox and Weersink (1995) model specification that allows for increasing returns on damage control inputs. The empirical model accounts veterinary expenses as the damage control input and it is applied on a panel data set of sheep farms in Greece during the 1989-92 period. The results suggest that sheep farms in Greece are using inefficiently immunization and antibiotics in their flock as their average technical efficiency level was 72.82%. On the other hand, technical...
Tipo: Conference Paper or Presentation Palavras-chave: Increasing returns; Input-specific technical efficiency; Damage and control function; Sheep farms; Greece; Farm Management; Q12; Q16; C23; C51.
Ano: 2005 URL: http://purl.umn.edu/24642
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SEPARATING TECHNICAL CHANGE FROM TIME-VARYING TECHNICAL INEFFICIENCY IN THE ABSENCE OF DISTRIBUTIONAL ASSUMPTIONS AgEcon
Karagiannis, Giannis; Midmore, Peter; Tzouvelekas, Vangelis.
This paper proposes an alternative approach for separating technical change from time-varying technical inefficiency. The approach uses the general index, developed by Baltagi and Griffin (1988), to model technical change along the production function, and a quadratic function of time trend, as in Cornwell, Schmidt and Sickles (1990), to capture the temporal pattern of technical inefficiency. In such a setting, all parameters associated with the rate of technical change and the temporal pattern of technical inefficiency are identified separately. Moreover, the proposed approach is independent of any distributional assumption concerning the one-sided error term associated with technical inefficiency, and can easily be estimated using FGLS. Comparative...
Tipo: Conference Paper or Presentation Palavras-chave: TIME-VARYING EFFICIENCY; PANEL DATA; DAIRY; Research and Development/Tech Change/Emerging Technologies; O0; Q1.
Ano: 1999 URL: http://purl.umn.edu/11842
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CROP INSURANCE AND CROP PRODUCTION: AN EMPIRICAL STUDY OF MORAL HAZARD AND ADVERSE SELECTION AgEcon
Quiggin, John C.; Karagiannis, Giannis; Stanton, J..
Tipo: Journal Article Palavras-chave: Risk and Uncertainty.
Ano: 1993 URL: http://purl.umn.edu/22614
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EFFICIENCY, PRODUCTIVITY AND OUTPUT GROWTH: AN INTER-REGIONAL ANALYSIS OF GREEK AGRICULTURE AgEcon
Tzouvelekas, Vangelis; Giannakas, Konstantinos; Karagiannis, Giannis.
Output growth decomposition of the Greek olive-oil sector under technical and allocative inefficiencies, economies of scale and technical change, is performed. The stochastic production frontier model is extended to panel data and FGLS estimation. Conventional inputs are main source of growth: TFP increased in slow rate during the study period.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Industrial Organization.
Ano: 1998 URL: http://purl.umn.edu/20936
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PROPORTIONAL PROFIT TAXES AND RESOURCE MANAGEMENT UNDER PRODUCTION UNCERTAINTY AgEcon
Karagiannis, Giannis.
The impact of proportional profit taxes on input use is analyzed under conditions of production uncertainty and risk aversion. Two kinds of profit taxes are considered: proportional profit taxes with perfect loss offset and revenue-neutral profits taxes. Their impact on optimal input use is examined under various forms of production uncertainty, such as the Just-Pope model and the cases of multiplicative and additive uncertainty. It is shown that the structure of risk attitudes, the form of production uncertainty, the underlying (stochastic) technical interdependencies, and the risk-input relations are crucial features in determining the impact of proportional profit taxes on optimal input use.
Tipo: Journal Article Palavras-chave: Production Economics.
Ano: 1999 URL: http://purl.umn.edu/30794
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Direct Subsidies and Technical Efficiency in Greek Agriculture AgEcon
Karagiannis, Giannis; Sarris, Alexander H..
In this paper we apply the technical inefficiency effect model to a set of eight different crop products (i.e., wheat, mixed arable crops, tobacco, cotton, olive oil, fruits, vegetables, and greenhouse horticulture) in Greek agriculture. For each product, a panel data set covering the period 1991-1995 is used and separate econometric results are obtained for each product. A particular set of socioeconomic and demographic variables is used to explain technical efficiency differentials among Greek farmers, including the direct subsidies given to each farmer, and the concordance of these efficiency determinants is discussed across the eight different crop products considered.
Tipo: Conference Paper or Presentation Palavras-chave: Direct subsidies; Technical efficiency; Greek agriculture; Agricultural Finance.
Ano: 2002 URL: http://purl.umn.edu/24868
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Parametric Measurement of Time-Varying Technical Inefficiency: Results from Competing Models AgEcon
Karagiannis, Giannis; Tzouvelekas, Vangelis.
This paper provides an empirical comparison of time-varying technical inefficiency measures obtained from the econometric estimation of different specifications of the stochastic production frontier model. Specifically, ten different frontier model specifications, which are most widely used in empirical applications, are estimated using a balanced panel data set from the Greek olive-oil sector, consisting of 100 farms observed during 1987-93 period. The empirical results indicate that both the magnitude and individual ranking of technical efficiency estimates differs considerably across models.
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58280
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DECOMPOSITION ANALYSIS OF FACTOR COST SHARES: THE CASE OF GREEK AGRICULTURE AgEcon
Karagiannis, Giannis; Katranidis, Stelios D.; Velentzas, Kostas.
An alternative version of decomposition analysis, based on factor cost shares rather than input demand functions, is presented and applied to Greek agriculture. Decomposition analysis shows that most of the changes in factor cost shares during the period from 1973 to 1989 are attributed to technical change and factor substitution, while the role of the scale effect is small, except that of fertilizer. The decomposition analysis results are then used to analyze the implications of Greece's fertilizer and feed subsidy removal, which took place in 1990.
Tipo: Journal Article Palavras-chave: Decomposition analysis; Factor cost shares; Greek agriculture; Farm Management.
Ano: 1996 URL: http://purl.umn.edu/15115
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Analyzing the impact of direct subsidies on the performance of the Greek Olive Farms with a non-monotonic efficiency effects model AgEcon
Zhu, Xueqin; Karagiannis, Giannis; Oude Lansink, Alfons G.J.M..
We analyse the impacts of the CAP reforms on technical efficiency of Greek olive farms. We use a production frontier function and a non-monotonic inefficiency effects model which incorporates the influences of exogenous variables on the mean and the variances of farm efficiency. We formulate policy variables (e.g. the direct subsidies) and farm characteristics as explanatory variables in the inefficiency effects model. We use the 1995-2004 FADN data to estimate the production frontier, to derive technical efficiency, and to determine the effects of the explanatory variables. The study shows that the 10-year average technical efficiency of olive farms is 69%. Direct transfers have a negative and monotonic effect on technical efficiency, while the degree of...
Tipo: Conference Paper or Presentation Palavras-chave: Technical efficiency; The CAP reform; Non-monotonic inefficiency effects; Production frontier; Olive-farming; Agricultural and Food Policy; Crop Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/43612
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SELF-DUAL STOCHASTIC PRODUCTION FRONTIERS AND DECOMPOSITION OF OUTPUT GROWTH: THE CASE OF OLIVE-GROWING FARMS IN GREECE AgEcon
Karagiannis, Giannis; Tzouvelekas, Vangelis.
This paper provides a decomposition of output growth among olive-growing farms in Greece during the period 1987-1993 by integrating Bauer's (1990) and Bravo-Ureta and Rieger's (1991) approaches. The proposed methodology is based on the use of self-dual production frontier functions. Output growth is attributed to the size effect, technical change, changes in technical and input allocative inefficiency, and the scale effect. Empirical results indicate that the scale and the input allocative inefficiency effects, which were not taken into account in previous studies on output growth decomposition analysis, have caused a 7.3% slowdown and a 11.0% increase in output growth, respectively. Technical change was found to be the main source of TFP growth while...
Tipo: Journal Article Palavras-chave: Production Economics.
Ano: 2001 URL: http://purl.umn.edu/31431
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Parametric Decomposition of Output Growth: An Input-Distance Function Approach AgEcon
Karagiannis, Giannis; Midmore, Peter; Tzouvelekas, Vangelis.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/24972
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