Measurement of dynamic efficiency, a directional distance function parametric approach

Teresa Serra, Spiro Stefanou and Alfons Oude Lansink ()

No 61107, 114th Seminar, April 15-16, 2010, Berlin, Germany from European Association of Agricultural Economists

Abstract: This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic efficiency ratings for a sample of Dutch dairy farms observed from 1995 to 2005.

Keywords: Agricultural and Food Policy; Farm Management; Land Economics/Use (search for similar items in EconPapers)
Pages: 26
Date: 2010-04
New Economics Papers: this item is included in nep-agr and nep-eff
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Measurement of Dynamic Efficiency: A Directional Distance Function Parametric Approach (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaa114:61107

DOI: 10.22004/ag.econ.61107

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