TECHNICAL EFFICIENCY MEASURES FOR NEW ENGLAND DAIRY FARMS BASED ON A DETERMINISTIC STATISTICAL PRODUCTION FRONTIER

Boris Bravo-Ureta

No 270101, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The purpose of this paper is to measure and explain the technical efficiency (TE) of a sample of New England Dairy Farms. A simple corrected OLS procedure is used to estimate a CobbDouglas production frontier which provides the basis for measuring farm level TE. The average level of TE for the sample is around 70 percent with a low of 48.7 percent and a high of 100 percent. Efforts to explain the variation in TE as a function of socioeconomic variables yielded extremely poor results.

Keywords: Livestock Production/Industries; Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 12
Date: 1987-08-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea87:270101

DOI: 10.22004/ag.econ.270101

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