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Balint, Borbala; Sauer, Johannes. |
This research aims at shedding empirical light on the relative efficiency of small-scale maize producers in Romania. Farmers in transition countries still face heavily distorted price systems resulting from imperfect market conditions and socioeconomic and institutional constraints. To capture such distortions we formulate a stochastic shadow-cost frontier model to investigate the systematic input-specific allocative inefficiency. We further adjust the underlying cost frontier by incorporating shadow price corrections and subsequently reveal evidence on farm specific technical inefficiency. Different models are estimated due to the imposition of curvature correctness and the effects on the individual efficiency estimates are shown. The empirical results... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Efficiency; Shadow Cost Frontier; Functional Consistency; Maize; Romania; Crop Production/Industries; C40; D24; O33. |
Ano: 2006 |
URL: http://purl.umn.edu/14958 |
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Sauer, Johannes; Balint, Borbala. |
This study tackles the decomposition of efficiency with respect to agricultural production in transition economies by using a case study on small scale maize farmers in Romania. The underlying modelling assumption is that farmers in transition countries still face heavily distorted price systems. To capture such distortions a stochastic shadow cost frontier model is formulated to investigate the systematic input specific allocative inefficiency. We further adjust the underlying cost frontier by incorporating shadow price corrections and subsequently reveal evidence on farm specific technical inefficiency. Different models are estimated due to the imposition of curvature correctness. The empirical results confirm the underlying hypothesis of enduring... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Efficiency; Shadow cost frontier; Transitional agriculture; Functional consistency; Demand and Price Analysis; C40; D24; O33. |
Ano: 2006 |
URL: http://purl.umn.edu/21410 |
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Sauer, Johannes; Balint, Borbala. |
This research aims at shedding empirical light on the relative efficiency of small-scale maize producers in Romania. Farmers in transition countries still face heavily distorted price systems resulting from imperfect market conditions and socioeconomic and institutional constraints. To capture such distortions we formulate a stochastic shadow-cost frontier model to investigate the systematic input-specific allocative inefficiency. We further adjust the underlying cost frontier by incorporating shadow price corrections and subsequently reveal evidence on farm specific technical inefficiency. Different models are estimated due to the imposition of curvature correctness and the effects on the individual efficiency estimates are shown. The empirical results... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Efficiency; Shadow Cost Frontier; Functional Consistency; Maize; Romania; Crop Production/Industries; C40; D24; O33. |
Ano: 2006 |
URL: http://purl.umn.edu/25597 |
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