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INFLUENCE OF THE INTEGRATION OF AGROHOLDINGS WITH RUSSIAN FARMS ON TOTAL FACTOR PRODUCTIVITY AND ITS SUBCOMPONENTS AgEcon
Hahlbrock, Konstantin; Hockmann, Heinrich.
The impact of group affiliation to agroholdings on enterprise performance in terms of productivity and efficiency is controversially discussed in the literature. However, only few papers evaluate the effects of group membership on the productivity and efficiency of agricultural enterprises in Russia. The underlying research question of this paper is therefore whether farms that belong to agroholdings perform better than independent farms. We calculate partial land and labor productivity, total factor productivity (TFP) and technical efficiency scores for the two categories of independent farms and members of agroholdings. In this paper a production function approach is estimated in the framework of stochastic frontier analysis. The results are used to...
Tipo: Conference Paper or Presentation Palavras-chave: Agroholding; Stochastic Frontier Analysis; Efficiency; Total Factor Productivity; Russia; Agroholding; Stochastic Frontier Analysis; Effizienz; Total Factor Productivity; Russland; Agribusiness; Agricultural and Food Policy; Agricultural Finance.
Ano: 2011 URL: http://purl.umn.edu/114508
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DOES GROUP AFFILIATION INCREASE PRODUCTIVITY AND EFFICIENCY IN RUSSIA’S AGRICULTURE? EVIDENCE FROM AGROHOLDINGS IN THE BELGOROD OBLAST AgEcon
Hahlbrock, Konstantin; Hockmann, Heinrich.
The impact of group affiliation to agroholdings on enterprise performance in terms of productivity and efficiency is controversially discussed in the literature. However, only few papers evaluate the effects of group membership on the productivity and the efficiency of agricultural enterprises in Russia. The underlying research question of this paper is therefore whether farms that belong to agroholdings perform better than independent farms. We calculate partial land and labor productivity, total factor productivity and technical efficiency scores for the two categories of independent farms and members of agroholdings. In this paper a production function approach is estimated in the framework of stochastic frontier analysis. The results are used to...
Tipo: Conference Paper or Presentation Palavras-chave: Agroholding; Stochastic Frontier Analysis; Efficiency; Total Factor Productivity; Russia; Productivity Analysis.
Ano: 2011 URL: http://purl.umn.edu/114579
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RISK, TECHNICAL EFFICIENCY AND MARKET TRANSACTION COSTS IN DIFFERENT ORGANISATIONAL FORMS: EVIDENCE FROM THE OBLAST TATARSTAN AgEcon
Hockmann, Heinrich; Gataulina, Ekaterina; Hahlbrock, Konstantin.
The paper investigates the significance of external and internal transaction costs and risk in agriculture in the Tatarstan Republic. The analysis is conducted for independent farms and farms which are members of agroholdings. The result indicates that external transaction costs are more marked in independent farms than in agroholding members. However, average prices do not differ among the organisational forms. With regard to internal transaction costs (or inefficiency) the result is the opposite. Inefficiency in agroholding members is considerably higher than in independent farms. However, the estimation suggests that this result is due to more intense risk management in agroholding members. Thus, members of a business group have a more intense use of...
Tipo: Conference Paper or Presentation Palavras-chave: Risk production function; Internal and external transaction costs; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Industrial Organization; Institutional and Behavioral Economics; Q110; D220; P230.
Ano: 2011 URL: http://purl.umn.edu/114510
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