Data/hora: 01/06/2024 06:15:43

Provedor de dados: 	123	
País: 	Brazil	
Título: 	Do subsidies drive technical efficiency? The case of portuguese firms in the agribusiness sector	
Autores: 	Salustiano,Silvia Ferreira Marques; Barbosa,Natália; Moreira,Tito Belchior Silva.	
Data: 	2020-01-01	
Ano: 	2020	
Palavras-chave: 	Agribusiness; Stochastic frontier; Efficiency; Subsidies.	
Resumo: 	Abstract: Successive reforms in the Common Agricultural Policy (CAP), enlargements of the European Union (EU) and pressures in the public budget increase the need for empirical studies to assess the role of subsidies in shaping firms’ performance and, hence, to support policy-makers decisions and decision-making in the productive sector. This paper assesses whether subsidies affect the technical efficiency of 1,943 Portuguese agribusiness firms over 2007-2015. By applying stochastic frontier models and fixed-effects models, to calculate the average efficiency of these firms, the results show different effects of subsidies among agribusiness sectors. The stochastic frontier model revealed that the subsidies have a positive and significant impact on the technical efficiency of three sectors, animal production, manufacture of food, and manufacture of paper. Further, except for firms in the forestry and logging sector, Portuguese agribusiness firms had higher average efficiency levels when subsidised, which provides evidence that subsidies could be important and contribute positively to the technical efficiency of Portuguese firms.	
Tipo: 	Info:eu-repo/semantics/article	
Idioma: 	Inglês	
Identificador: 	http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032020000300212	
Editor: 	Sociedade Brasileira de Economia e Sociologia Rural	
Relação: 	10.1590/1806-9479.2020.216150	
Formato: 	text/html	
Fonte: 	Revista de Economia e Sociologia Rural  v.58 n.3 2020	
Fonte: 	info:eu-repo/semantics/openAccess