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| Sherlund, Shane M.; Barrett, Christopher B.; Adesina, Akinwumi A.. |
| There is a large literature on the estimation of frontier production functions, much of it applied to low-income agriculture. However, much of this literature largely ignores nature's role in agricultural production. Because exogenous, natural production conditions (e.g., rainfall, soil quality, pest infestation, plant disease, weed growth) are rarely uniform or symmetrically distributed within a population or a sample thereof, this omission generally leads to downward bias in producers' estimated efficiency and to biased estimates of both the parameters of the production frontier and the correlates of true technical inefficiency. Using panel data from 464 traditional rice plots in Cote d'Ivoire, we show that controlling for stochastic, exogenous,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Production Economics. |
| Ano: 1998 |
URL: http://purl.umn.edu/14760 |
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| Barrett, Christopher B.; Sherlund, Shane M.; Adesina, Akinwumi A.. |
| Little empirical work has quantified the transitory effects of macroeconomic shocks on farm-level production behavior. We develop a simple analytical model to explain how macroeconomic shocks might temporarily divert managerial attention, thereby affecting farm-level productivity, but perhaps to different degrees and for different durations across production units. We then successfully test hypotheses from that model using panel data bracketing massive currency devaluation in the west African nation of Cote d'Ivoire. We find a transitory increase in mean plot-level technical inefficiency among Ivorien rice producers and considerable variation in the magnitude and persistence of this effect, attributable largely to ex ante complexity of operations, and the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Labor and Human Capital; O1; Q12; Q18. |
| Ano: 2003 |
URL: http://purl.umn.edu/14744 |
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