Assessing the Perspectives of EU Cotton Farming: Technical and Scale Efficiencies of Greek Cotton Growers
Christos J. Pantzios,
Stelios Rozakis and
Vangelis Tzouvelekas
No 24844, 2002 International Congress, August 28-31, 2002, Zaragoza, Spain from European Association of Agricultural Economists
Abstract:
Utilizing the stochastic frontier approach, this paper estimates output and input-oriented technical and scale efficiency levels for a sample of cotton-growing farms in Thessaly, Greece. The empirical results suggest that Greek cotton farm operations are technically and scale inefficient. There is a considerable scope for improvement in resource use and thereby in farm income of cotton farms; Greek cotton farmers could reduce production costs by 20.4%, making more efficient utilization of the existing production technology. Factors responsible for the technical efficiency differentials observed among cotton-growers include the farmer's age and education as well as the farm's land fragmentation and output specialization.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 22
Date: 2002
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae02:24844
DOI: 10.22004/ag.econ.24844
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