Analysis of Economies of Scope and Production Efficiencies in Combined Agriculture

Hyejung Kang

Journal of Rural Development/Nongchon-Gyeongje, 2013, vol. 36, issue 4

Abstract: This paper examines the diversification economies and the impact of the degree of crop diversification on the technical efficiency of multi-output production system, using farm-level panel data from the period 2008 to 2012. Measurements are obtained from the estimation of a stochastic multi-output input distance function. This study corrects for sample selection bias in the context of a translog functional form that appears when some farms produce only two outputs. The empirical results indicate that diversification economies are found to exist in the efficient small farms. However, greater diversification lead to lower technical efficiency.

Keywords: Production Economics; Productivity Analysis (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/330615/files/RE36-4-04.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:330615

DOI: 10.22004/ag.econ.330615

Access Statistics for this article

More articles in Journal of Rural Development/Nongchon-Gyeongje from Korea Rural Economic Institute Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().