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Technology Adoption in French Agriculture and the Role of Financial Constraints

Stéphane Blancard (), Jean-Philippe Boussemart, W. Briec and Kristiaan Kerstens

No 44160, 2008 International Congress, August 26-29, 2008, Ghent, Belgium from European Association of Agricultural Economists

Abstract: Successive CAP reforms have increased the exposure of European agriculture to market forces. As a result, farmers have become preoccupied with their competitiveness and have progressively adopted best practices. However, these long-run technological adjustments could be slowed down by eventual shortrun financial constraints. This contribution measures the role of these financial constraints on the catching-up component of total factor productivity for a panel of French farmers in Nord-Pas-de-Calais region during 1994-2001. For TFP estimates based on non-parametric distance functions, the second stage econometric results indicate that the technological adaptation is significantly conditioned by financial constraints.

Keywords: Agricultural Finance; Farm Management; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 12
Date: 2008
New Economics Papers: this item is included in nep-eff
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Working Paper: Technology Adoption in French Agriculture and the Role of Financial Constraints (2008)
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Working Paper: Technology Adoption in French Agriculture and the role of Financial Constraints (2007)
Working Paper: Technology Adoption in French Agriculture and the role of Financial Constraints (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae08:44160

DOI: 10.22004/ag.econ.44160

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