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  • Articles  (6)
  • Cost  (6)
  • Oxford University Press  (6)
  • 2010-2014  (6)
  • 1975-1979
  • European Review of Agricultural Economics  (6)
  • 4699
  • Economics  (6)
  • 1
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    Dynamics of productivity and technical efficiency in Russian agriculture (2012)
    Oxford University Press
    Details
    Publication Date: 2012-08-03
    Description: This paper analyses regional productivity and technical efficiency development in Russian agriculture. We formulate a regional stochastic frontier model by assuming that producers maximise return to the outlay. We control for regional heterogeneity and endogeneity/simultaneity in input decisions, technical efficiency and technical change by employing a two-step estimation procedure. In the first step, we use the system Generalized Method of Moments approach (system GMM), which gives consistent estimates of the production technology parameters. In the second step, we apply the standard stochastic frontier approach to estimate technical efficiency and its determinants.
    Keywords: D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 2
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    Measurement and decomposition of flexibility of multi-output firms (2014)
    Oxford University Press
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    Publication Date: 2014-11-11
    Description: Flexibility can be considered a crucial factor of competitive advantage, especially under conditions of dynamically changing environments. Based on the classical microeconomic definition, flexibility is characterised as a firm's ability to change output by sustaining its average costs. Using some recent concepts developed in production economics, this article proposes a primal flexibility measure for multi-product firms. When decomposed, this measure offers useful insights into possible sources of flexibility, especially by investigating the role of both scale and scope economies. This approach provides the theoretical basis for our investigation into the magnitude and sources of flexibility in the Polish agricultural sector.
    Keywords: D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, I25 - Education and Economic Development, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 3
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    The damage-control effect of pesticides on total factor productivity growth (2012)
    Oxford University Press
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    Publication Date: 2012-05-29
    Description: This paper develops a framework for analysing the sources of total factor productivity (TFP) changes by explicitly taking into account the damage-control nature of pesticides. In the proposed framework, TFP changes are attributed to the conventional sources of growth (i.e. technical change, scale effect and changes in technical efficiency) and the damage-control effect which consists of three distinct components: the first one is due to changes in the initial pest infestation, the second is a spillover effect arising from neighbours' use of preventive inputs and the third is related to abatement effectiveness. The proposed model is applied to a panel of olive-growing farms in Crete, Greece, during the period 1999–2003. The empirical results indicate that the damage-control effect accounted, on average, for 5 per cent of the annual TFP growth and its main component was the improvements in abatement effectiveness.
    Keywords: C23 - Models with Panel Data, D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 4
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    Opportunity costs of providing crop diversity in organic and conventional farming: would targeted environmental policies make economic sense? (2013)
    Oxford University Press
    Details
    Publication Date: 2013-05-31
    Description: Targeted environmental policies for farmlands may improve the cost efficiency of conservation programmes if one can identify those farms that produce public goods with the least cost. We derive shadow values of producing crop diversity for a sample of Finnish conventional and organic crop farms in the period 1994–2002 in order to examine their opportunity costs of conservation. Our results of Data Envelopment Analysis show that there is variation in the shadow values between farms and between the technologies adopted. The degree of cost heterogeneity and farms' potential for specialisation in producing environmental outputs determine whether voluntary programmes such as auctions for conservation payments are economically reasonable.
    Keywords: C21 - Cross-Sectional Models ; Spatial Models ; Treatment Effect Models, D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, H41 - Public Goods, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets, Q24 - Land
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 5
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    EU harmonisation of regulations and mark-ups in the Dutch food industry (2012)
    Oxford University Press
    Details
    Publication Date: 2012-12-28
    Description: This paper studies the effect of EU harmonisation of food regulations on time-varying, firm-heterogeneous mark-ups using data on Dutch food-processing firms during 1992–2005. EU product standard harmonisation is measured using data at the 8-digit combined nomenclature product level. EU harmonisation generates short- and long-run pro-competitive effects: on average, an increase of 50 per cent in the sales-weighted coverage ratio of EU harmonisation leads to a decrease in mark-ups of 7 per cent after 1 year and by 11.5 per cent in the long-run. By taking account of firm heterogeneity, I show that this pro-competitive effect is more pronounced for (i) small firms, (ii) more concentrated firms, (iii) single-product firms, (iv) firms belonging to food sub-sectors which are less affected by EU harmonisation and (v) during the first half of the sample period.
    Keywords: C23 - Models with Panel Data, D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, F15 - Economic Integration, L11 - Production, Pricing, and Market Structure ; Size Distribution of Firms
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 6
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    Performance of dairy farms in Finland and Norway from 1991 to 2008 (2013)
    Oxford University Press
    Details
    Publication Date: 2013-12-24
    Description: Agriculture and agricultural policy in Finland and Norway have shared many common features in the past, except that Finland joined the European Union in 1995. In this article, we examine profitability and productivity dynamics in Finnish and Norwegian farms during the period 1991 to 2008. Our analysis draws on a decomposition of profitability change into various sources. The results provide evidence that the stronger liberalisation of agricultural policy in Finland has provided greater flexibility for farmers to change and thus has created better scope for productivity and profitability improvements compared with Norway.
    Keywords: D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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