AN INSTRUMENTAL VARIABLES PANEL DATA APPROACH TO FARM SPECIFIC EFFICIENCY ESTIMATION

Robert Gardner

No 20988, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: An instrumental variables panal data model was applied to a set of dairy farm financial and production records from the states of New York and Pennsylvania and the province of Quebec. This model allowed unbiased efficiency estimation without the drawbacks of a Fixed Effects specification.

Keywords: Industrial Organization; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 13
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea98:20988

DOI: 10.22004/ag.econ.20988

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