Technical efficiency of Kansas arable crop farms: a local maximum likelihood approach

Bouali Guesmi, Teresa Serra and Allen Featherstone

No 147488, 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. from Agricultural and Applied Economics Association

Abstract: The present study uses local maximum likelihood (LML) methods recently proposed by Kumbhakar et al. (2007) to assess the technical efficiency of arable crop Kansas farms. LML techniques overcome the most relevant limitations associated to mainstream parametric stochastic frontier models. Results suggest that Kansas farms reach technical efficiency levels on the order of 90%. These results are compared with another flexible efficiency assessment alternative: the deterministic data envelopment analysis (DEA).

Keywords: Crop Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 27
Date: 2013
New Economics Papers: this item is included in nep-eff and nep-ore
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Citations: View citations in EconPapers (1)

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Journal Article: Technical efficiency of Kansas arable crop farms: a local maximum likelihood approach (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea13:147488

DOI: 10.22004/ag.econ.147488

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