Technology Adoption in French Agriculture and the Role of Financial Constraints

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

No 2007/1, INRA UMR CESAER Working Papers from INRA UMR CESAER, Centre d'’Economie et Sociologie appliquées à l'’Agriculture et aux Espaces Ruraux

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 longrun technological adjustments could be slowed down by eventual short-run 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 nonparametric distance functions, the second stage econometric results indicate that the technological adaptation is significantly conditioned by financial constraints.

Keywords: Agriculture; TFP catching-up; Distance function; Financial constraints (search for similar items in EconPapers)
JEL-codes: D24 O33 Q12 Q14 (search for similar items in EconPapers)
Pages: 23
Date: 2007-03-15
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Related works:
Working Paper: Technology Adoption in French Agriculture and the Role of Financial Constraints (2008)
Working Paper: Technology Adoption in French Agriculture and the Role of Financial Constraints (2008)
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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