Allocative and Technical Efficiency of Corporate Farms in Russia

Margarita Grazhdaninova () and Zvi Lerman ()
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Margarita Grazhdaninova: AFE – Analytical Centre for Agri-Food Economics, Moscow, Russia.

Comparative Economic Studies, 2005, vol. 47, issue 1, 200-213

Abstract: The efficiency of Russian corporate farms is analysed using the data of a 2003 survey. Allocative efficiency is assessed using the value of marginal product of inputs from production function estimation; technical efficiency is determined using Data Envelopment Analysis. The analysis is carried out on three aggregation levels: total farm; production sectors (crops, livestock); selected commodities. The results suggest that there is no substantial misallocation of resources given current input and output prices. High technical efficiency scores suggest that the production technologies are homogeneous, and simple extension of ‘best practice’ production will not eliminate the productivity gaps between Russia and the developed market economies. Comparative Economic Studies (2005) 47, 200–213. doi:10.1057/palgrave.ces.8100089

Date: 2005
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Working Paper: Allocative and Technical Efficiency of Corporate Farms in Russia (2005)
Working Paper: Allocative and Technical Efficiency of Corporate Farms in Russia (2004)
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