COMPARATIVE ANALYSIS OF VALUE-ADDED AND TRADITIONAL MEASURES OF PERFORMANCE: AN EFFICIENCY SCORE APPROACH

Yvonne J. Acheampong and Michael E. Wetzstein

No 16715, Faculty Series from University of Georgia, Department of Agricultural and Applied Economics

Abstract: Stochastic frontier analysis is employed for a comparison of value-added and traditional measures of performance. Results indicate value-added measures are not significantly different from traditional measures of performance and thus little if any information is gained by replacing traditional measures with value-added measures. However, value-added measures may be useful to managers for value creation decisions resulting in excess profits.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 13
Date: 2001
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ugeofs:16715

DOI: 10.22004/ag.econ.16715

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