Technical Efficiency and Size: The Case of Illinois Grain Farms
Byrnes, Patricia, et al
European Review of Agricultural Economics, 1987, vol. 14, issue 4, 367-81
Abstract:
In this paper, the relative productive performance of a sample of Illinois grain farms is gauged using Farrell-type measures of technical efficiency. Mathematical pr ogramming methods are used to envelop the data to form a multiple-out put, multiple-input technology relative to which the performance of i ndividual farms is assessed. Using a decomposition of those measures developed by R. Fare, S. Grosskopf, and C. A. K. Lovell (1985), it wa s found that the major source of inefficiency was deviation from most productive size of the large farms in the sample. Coauthors are R. F are, S. Grosskopf, and S. Kraft. Copyright 1987 by Oxford University Press.
Date: 1987
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