Investments, Technical Change and Efficiency: Empirical Evidence from Czech Food Processing

Tamara Rudinskaya and Elena Kuzmenko

AGRIS on-line Papers in Economics and Informatics, 2019, vol. 11, issue 4

Abstract: This empirical study aims to shed light on the dynamic linkages among investments, technical efficiency and productivity of food processing at a sectoral level. We use data obtained from meat and milk processing firms operating in the Czech Republic. The data set covers a period from 2011 to 2015. Being based on a production function frontier framework and the Divisia index our study is focuses on the estimation of technical efficiency and productivity of Czech Food processing firms in connection with the received investments. The results of the conducted analysis have shown that investments, directed to a production process of meat and milk processing firms operating in the Czech Republic, do have a positive effect on their technical efficiency. Moreover, it provides an opportunity to increase the capacity of raw milk processing. Higher TFP in food processing industry may result in higher TFP in agriculture.

Keywords: Agribusiness; Agricultural and Food Policy; Agricultural Finance; Demand and Price Analysis; International Development; International Relations/Trade (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/303928/files/4 ... inskaya-kuzmenko.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:aolpei:303928

DOI: 10.22004/ag.econ.303928

Access Statistics for this article

More articles in AGRIS on-line Papers in Economics and Informatics from Czech University of Life Sciences Prague, Faculty of Economics and Management Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().