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COMPARISON OF AGRICULTURAL FARM EFFICIENCY IN SLOVAK REGIONS BEFORE AND AFTER EU ACCESSION AgEcon
Sojkova, Z.; Kropkova, Z.; Kovae, S..
This paper presents results of stochastic parametric approach used in estimation of farm technical efficiency. The estimation of output oriented technical efficiency was based on Stochastic Frontier analysis with Cobb-Douglas production function. Model specification for empirical application were employed Battese and Coelli 1995 model specification, where technical inefficiency effects are explicitly expressed as a function of a vector of firm-specific variables and random error and integrated in the stochastic frontier model. Model also included dummy variable which expressed production conditions in which Slovak farms are operating. We divided farms into two groups of production conditions: productive regions (PR) and less favorable area (LFA) regions....
Tipo: Conference Paper or Presentation Palavras-chave: Less favorable area (LFA); Subsidy; Stochastic production frontier; Panel data; Output – oriented technical efficiency; Cobb-Douglas production function; Production Economics; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6462
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