EconPapers    
Economics at your fingertips  
 

Measuring the impacts of production risk on technical efficiency: a state-contingent conditional order-m approach

Teresa Serra and Alfons Oude Lansink ()

No 182661, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists

Abstract: This article studies the influence of risk on farms’ technical efficiency levels. The analysis extends the order-m efficiency scores approach proposed by Daraio and Simar (2005) to the state-contingent framework. The empirical application focuses on cross section data of Catalan specialised crop farms from the year 2011. Results suggest that accounting for production risks increases the technical performance. A 10% increase in output risk will result in a 2.5% increase in average firm technical performance.

Keywords: Productivity Analysis; Research Methods/ Statistical Methods; Risk and Uncertainty (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff
Date: 2014-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link)
http://ageconsearch.umn.edu/record/182661/files/Se ... efficiency-115_a.pdf (application/pdf)

Related works:
Journal Article: Measuring the impacts of production risk on technical efficiency: A state-contingent conditional order-m approach (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae14:182661

DOI: 10.22004/ag.econ.182661

Access Statistics for this paper

More papers in 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2019-10-12
Handle: RePEc:ags:eaae14:182661