Bakhshoodeh, Mohamad; Shahnoushi, Naser - European Association of Agricultural Economists - EAAE - 2009
The dairy farmers in Iran are faced with milk price distortion due to the market imperfection. To measure an unbiased farm-specific efficiency, prices should be adjusted in an imperfect market. To examine this issue, a shadow-price profit frontier was applied to a sample of 860 Iranian small...