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A metafrontier approach to measuring technical efficiencies across the UK dairy sector AgEcon
Barnes, Andrew Peter; Revoredo-Giha, Cesar; Sauer, Johannes.
A regional approach is applied to measure technical efficiencies on dairy farms which employs the deterministic metafrontier approach. We construct six super regions for the UK, i.e. Eastern, Western, Northern England, Wales, Scotland and Northern Ireland. Data are collected through three different administrative systems, all be it under the same FADN guidance. We find for dairy farming comparative indicators of performance in all three data sets. The stochastic frontier approach is applied to construct 6 regional frontiers and a pooled (UK) dataset for comparison. A likelihood ratio test rejects the null hypothesis that these regions operate under a common frontier which may indicate bias in previous attempts to measure dairying efficiency at the country...
Tipo: Conference Paper or Presentation Palavras-chave: Stochastic Production Frontiers; Metafrontiers; UK Farm Account Data; Dairy farming.; Agricultural and Food Policy; Q12; D24; C23; C51.
Ano: 2011 URL: http://purl.umn.edu/99369
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Risk Management in Milk Production: A Study in Five European Countries AgEcon
Schaper, Christian; Lassen, Birthe J.; Theuvsen, Ludwig.
The EU agricultural policy has recently been characterized by radical changes that increase market volatilities. Especially in the dairy market, fluctuating prices as well as production and political risks lead to high uncertainty for farmers. Based on a comprehensive survey, this paper discusses the risk perception and risk management strategies of dairy farmers in selected European countries. This approach allows a more detailed analysis of the determinants of farmers’ risk perceptions and risk management. First, based on the literature, a comprehensive framework was developed for the determinants of farmers’ risk perceptions and risk management. This framework guided an empirical study in 2007 in which 236 German dairy farmers were interviewed using a...
Tipo: Conference Paper or Presentation Palavras-chave: Risk management; Risk strategy; Risk matrix; Dairy farming.; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58130
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