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Evading Farm Support Reduction via Efficient Input Use: The Case of Greek Cotton Growers AgEcon
Pantzios, Christos J.; Rozakis, Stelios; Tzouvelekas, Vangelis.
The present paper examines the importance that efficient resource use may have for cotton growers under the current EU policy regime. To that end, input-oriented technical and scale efficiency score for a sample of 172 cotton-growing farms are empirically quantified. The results suggest that cotton farms in the sample are not efficient mainly due to the nature of the policy regime governing the sector throughout EU. By becoming efficient, the co-responsibility levy will be reduced by 18.3% and farms may increase their profits by 50.1% on the average.
Tipo: Journal Article Palavras-chave: Co-responsibility levy; Cotton farms; Goal programming; Greece; Scale and technical efficiency; Stochastic frontier model; Production Economics; D24; Q12; Q16; C61.
Ano: 2006 URL: http://purl.umn.edu/43787
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Cost Efficiency of Critical Access Hospitals AgEcon
Nedelea, I. Cristian; Fannin, James Matthew; Barnes, James N..
This study used a stochastic frontier cost model to analyze whether the policy changes that created Critical Access Hospitals (CAHs) caused an increase in the cost inefficiency of these hospitals or their cost inefficiency was brought about by other factors that were similar to all rural hospitals. The estimated mean cost inefficiency of CAH was 25 percent while that of non-CAH rural hospitals was 17.6 percent. However, the estimated results did not provide sufficient evidence to conclude that Medicare cost-based reimbursement was the main cause of higher cost inefficiency of CAHs. There might be other causes that can explain the higher cost inefficiency of CAHs such as the larger number of Medicaid and uninsured patients and the higher levels of...
Tipo: Conference Paper or Presentation Palavras-chave: Critical access hospital; Rural hospital; Cost efficiency; Stochastic frontier model; Community/Rural/Urban Development; Health Economics and Policy; I18.
Ano: 2010 URL: http://purl.umn.edu/56228
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