Measurement of dynamic efficiency, a directional distance function parametric approach

This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic efficiency ratings for a sample of Dutch dairy farms observed from 1995 to 2005.

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Year of publication:	2010-04
Authors:	Serra, Teresa ; Stefanou, Spiro E. ; Oude Lansink, Alfons G.J.M.
Institutions:	European Association of Agricultural Economists - EAAE
Subject:	structural dynamic efficiency \| dairy farms \| parametric approach \| Agricultural and Food Policy \| Farm Management \| Land Economics/Use

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Extent:	application/pdf
Series:	114th Seminar, April 15-16, 2010, Berlin, Germany.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 114th Seminar, April 15-16, 2010, Berlin, Germany Number 61107
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008508961