Ownership, region, system or ? – What leads to efficiency?

Peter Tozer and Muhammad Imran Siddique

No 260808, 2016 Conference, August 25-26, Nelson, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This study utilizes a production function based on costs of feed, health and reproduction, and other inputs to measure efficiency of milk solids production in New Zealand. A second function was also used to measure inefficiency and the sources of inefficiency. The results show that on average producers are reasonably “efficient” with a score of 84%, with reproduction and farming system being major influences on efficiency. Efficient producers have good control over all costs and a high percentage of cows calving early in the milking season. One component of a system that “inefficient” producers can examine is their reproduction program.

Keywords: Agribusiness; Agricultural Finance; Farm Management; Production Economics (search for similar items in EconPapers)
Pages: 15
Date: 2016-08-26
New Economics Papers: this item is included in nep-eff
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar16:260808

DOI: 10.22004/ag.econ.260808

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