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Decomposition of Olive Oil Production Growth into Productivity and Size Effects: A Frontier Production Function Approach

Vangelis Tzouvelekas, Konstantinos Giannakas (), Peter Midmore and Konstantinos Mattas

Cahiers d'Economie et de Sociologie Rurales (CESR), 1999, vol. 51

Abstract: This paper investigates the relative contribution of technical efficiency, technological change and increased input use to the output growth of the Greek oliveoil sector using a stochastic frontier production function approach applied to panel data. A flexible translog functional form is used to represent the underlying production technology and maximum likelihood procedure is implemented to estimate a single time trend model. Empirical results show that the overall efficiency of olive-growing farms in Greece remained stable during the period 1987-1993, while an inquiry into the sources of production growth shows that the contribution of conventional inputs was the main source of that growth, since total factor productivity increased in a slow rate during the study period.

Keywords: Agricultural and Food Policy; Production Economics (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (2)

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Journal Article: Decomposition of Olive Oil Production Growth into Productivity and Size Effects: A Frontier Production Function Approach (1999) Downloads
Working Paper: Decomposition of Olive Oil Production Growth into Productivity and Size Effects: A Frontier Production Function Approach (1999) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inrace:206192

DOI: 10.22004/ag.econ.206192

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