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

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

Cahiers d'Economie et Sociologie Rurales, 1999, vol. 51, 5-21

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: olive oil; Greece; productivity; technical change; technical efficiency (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
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