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Allocative and Technical Efficiency of Corporate Farms in Russia AgEcon
Grazhdaninova, Margarita; Lerman, Zvi.
This study is aimed to analyze Russian corporate farms technical efficiency using DEA and allocative efficiency basing upon VMP calculations. The estimations are carried out on three aggregation levels: total farm, sectors (livestock and crops production) and selected commodities (grain, sunflower, beef, milk and pork), using survey data. The results of analyses suggest that there is no substantial misallocation of resources given current input and output prices. High technical efficiency scores speak for production technologies being homogeneous and mean that simple extension of "best practice" production will not eliminate the large productivity gap between Russia and the developed market economies.
Tipo: Conference Paper or Presentation Palavras-chave: Transition economies; Productivity; Efficiency; Production function; Data Envelopment Analysis; Agribusiness; D610; P230; Q180.
Ano: 2005 URL: http://purl.umn.edu/24756
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TECHNICAL EFFICIENCY IN RUSSIAN AGRICULTURE AgEcon
Bruck, Gregory; Grazhdaninova, Margarita; Lerman, Zvi; Uzun, Vasilii.
For decades, Russian agriculture had had little technological progress and virtually no foreign investment, which resulted in a stable production possibilities frontier and made the sector ideally suited to production function analysis. The production function estimations reported in Chapters 10-13 add to a series of previous studies of the input/output relationship in Russian agriculture (e.g., Clayton, 1980, 1984; Gray, 1981; Johnson and Brooks, 1983), which generally followed the same methodology. In the late 1970s and the 1980s, however, the average response production functions gave way in the economics literature to more sophisticated production analysis techniques that measured not only productivity but technical efficiency as well (Aigner, et al.,...
Tipo: Working or Discussion Paper Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2006 URL: http://purl.umn.edu/7182
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