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TECHNICAL AND ECONOMIC EFFICIENCY OF RUSSIAN CORPORATE FARMS: THE CASE OF THE MOSCOW REGION AgEcon
Svetlov, Nikolai M.; Hockmann, Heinrich.
The research focus of the paper is to distinguish allocative and technical inefficiencies on Moscow region corporate farms. DEA specifications with both monetary and technical objective functions are applied. Reduced costs and sensitivity analyses are used to identify fixed inputs constraining either allocative or technical efficiency. To decrease heterogeneity and allow for the accessibility to different technologies of a given farm, the farms are grouped with respect to the set of outputs they produce. Thus, as a result of an unstable market environment, it is shown that allocative inefficiency causes 65-100 % (depending on the group) of total inefficiency in 2002 and 60-96 % in 1999. As for technical inefficiency, in 1999 its major source was the lack...
Tipo: Working or Discussion Paper Palavras-chave: Technical inefficiency; Allocative inefficiency; Data Envelopment Analysis; Moscow region; Transitional economy; Farm Management; Productivity Analysis; D24; Q12; C14.
Ano: 2005 URL: http://purl.umn.edu/14922
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The Effect of Traditional Practices in the Efficiency of Dairy Farms in Wisconsin AgEcon
Cabrera, Victor E.; Solis, Daniel; del Corral, Julio.
The US dairy sector is facing structural changes including a geographical shift in dairy production and a tendency towards the implementation of more intensive production systems. These changes might significantly affect farm efficiency, profitability and the long-term economic sustainability of the dairy sector, especially in more traditional dairy production areas. Consequently, the goal of this study was to examine the impact of practices commonly used by dairy farmers and the effect of intensification on the performance of the farms. We used a sample of 273 Wisconsin dairy farms to estimate a stochastic production frontier simultaneously with a technical inefficiency model. The empirical analysis showed that at a commercial level the administration of...
Tipo: Conference Paper or Presentation Palavras-chave: Technical inefficiency; Stochastic production frontier; Intensification; Livestock Production/Industries; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/55373
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The Relative Cost Efficiencies of Commercial Banks, Rural Financial Institutions, and Microfinance Institutions in China AgEcon
Wu, Ya; Escalante, Cesar L.; Gunter, Lewell F..
This study employed data envelopment analysis (DEA) to evaluate the comparative efficiency performance of selected commercial banks, rural financial institutions and microfinance institutions in China. The first pairwise comparison indicated that commercial banks achieved higher level of overall technical efficiency, pure technical efficiency and scale efficiency than rural financial institutions (including RCCs) through the study period (2004-2007). Overall technical inefficiency seems to be more attributed to scale inefficiency rather than pure technical inefficiency for both commercial banks and rural financial institutions. The second pairwise comparison indicated that RCCs and CFPA are the most efficient institutions with efficiency scores of 1...
Tipo: Conference Paper or Presentation Palavras-chave: Microfinance; China; Data envelopment analysis; Technical inefficiency; Scale efficiency; Agricultural Finance.
Ano: 2010 URL: http://purl.umn.edu/61158
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