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Efficiency measurement in Greek dairy farms, Stochastic Frontier vs. data envelopment analysis (2008)
| Content Provider | CiteSeerX |
|---|---|
| Author | Theodoridis, A. M. Psychoudakis, A. Theodoridis A. M. |
| Abstract | Parametric Stochastic Frontier Analysis (SFA) and non-parametric Data Envelopment Analysis (DEA) have become very popular in the analysis of productive efficiency. This paper undertakes a comparison of the SFA and the constant returns to scale (CRS) and variable returns to scale (VRS) output-oriented DEA models, based on a sample of 165 dairy farms in Greece. However, the aim of this paper is not only to compare estimates of technical efficiency obtained from two approaches, but also to produce efficiency data about the farms studied, which have implications for agricultural policy to improve dairy production. The results indicate that there is a potential for increasing production in the dairy farms through improved efficiency. |
| File Format | |
| Journal | International Journal of Economic Sciences and Applied Research |
| Language | English |
| Publisher Date | 2008-01-01 |
| Access Restriction | Open |
| Subject Keyword | Stochastic Frontier V Efficiency Measurement Greek Dairy Farm Data Envelopment Analysis Dairy Farm Productive Efficiency Efficiency Data Parametric Stochastic Frontier Analysis Technical Efficiency Constant Return Dairy Production Output-oriented Dea Model Improved Efficiency Agricultural Policy Variable Return Non-parametric Data Envelopment Analysis |
| Content Type | Text |
| Resource Type | Article |