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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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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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