Production Efficiency Analysis with A Farm-Level Average-Cost Characteristic Curves

Aroon Lawanprasert and David Debertin ()

No 269947, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Farm Program analysis often involves the measurement of production efficiency. This paper presents a theoretical model that can be used to measure the farm-level long-run and short-run production efficiency. It also provides unbiased estimates of the minimum cost of producing an output within an enterprise. The model is a computationally feasible approach that can be applied to agricultural data from primary and secondary sources.

Keywords: Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 14
Date: 1987-08-02
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/269947/files/aaea-1987-049.pdf (application/pdf)
https://ageconsearch.umn.edu/record/269947/files/a ... 9.pdf?subformat=pdfa (application/pdf)

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:ags:aaea87:269947

DOI: 10.22004/ag.econ.269947

Access Statistics for this paper

More papers in 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Bibliographic data for series maintained by AgEcon Search ().