One- and multi-directional conditional efficiency measurement – Efficiency in Lithuanian family farms
Tomas Baležentis and
Kristof De Witte
European Journal of Operational Research, 2015, vol. 245, issue 2, 612-622
Abstract:
This paper analyses farming efficiency by the means of the partial frontiers and Multi-Directional Efficiency Analysis (MEA). In particular, we apply the idea of the conditional efficiency framework to the MEA approach to ensure that observations are compared to their homogeneous counterparts. Moreover, this paper shows that combining the traditional one-directional and multi-directional efficiency framework yields valuable insights. It allows one to identify what factors matter in terms of output production and input consumption. The application deals with Lithuanian family farms, for which we have a rich dataset. The results indicate that the output efficiency positively correlates to a time trend and negatively to the subsidy share in the total output. The MEA-based analysis further suggests that the time trend has been positively affecting the productive efficiency due to increase in the labour use efficiency. Meanwhile, the increasing subsidy rate has a negative influence upon MEA efficiencies associated with all the inputs.
Keywords: Data envelopment analysis; Free disposal hull; Order-m measures; Multi-directional efficiency analysis; Conditional measures; Farming efficiency (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221715000703
Full text for ScienceDirect subscribers only
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:eee:ejores:v:245:y:2015:i:2:p:612-622
DOI: 10.1016/j.ejor.2015.01.050
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().