Data/hora: 11/06/2024 05:46:49

Provedor de dados: | 31
País: | United States
Título: | A Semi-Parametric Analysis of Technology, with an Application to U.S. Dairy Farms
Autores: | de los Campos,   Gustavos; Foltz,   Jeremy D.; Chavas,   Jean-Paul; Gianola,   Daniel.
Data: | 2010-07-22
Ano: | 2010
Palavras-chave: | Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods.
Resumo: | This article proposes a semi-parametric stochastic frontier model (SPSF) in which components of the technology and of technical efficiency are represented using semi-parametric methods and estimated in a Bayesian framework. The approach is illustrated in an application to US farm data. The analysis shows important scale economies for small and medium herds and constant return to scale for larger herds. With the exception of labor, estimates of marginal products were close to the value expected under profit maximization. Finally, the results suggest important opportunities to increase productivity through reductions in technical inefficiencies.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/92251

Relação:

University of Wisconsin-Madison&gt;Department of Agricultural and Applied Economics&gt;Staff Papers

Staff Paper Series

545

Formato: | 42