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The agricultural production of Indian farmers is investigated using a stochastic frontier production function which incorporates a model for the technical inefficiency effects. Farm-level data from the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) are used. Variables...
Persistent link: https://www.econbiz.de/10005805717
The estimated parameters of output distance functions frequently violate the monotonicity, quasiconvexity and convexity constraints implied by economic theory, leading to estimated elasticities and shadow prices that are incorrectly signed, and ultimately to perverse conclusions concerning the...
Persistent link: https://www.econbiz.de/10009448063
In this paper we propose a range of dynamic data envelopment analysis (DEA) models which allow information on costs of adjustment to be incorporated into the DEA framework. We first specify a basic dynamic DEA model predicated on a number or simplifying assumptions. We then outline a number of...
Persistent link: https://www.econbiz.de/10009448099
In this paper we analyse the effects of microfinance programs upon household welfare in Vietnam. Our analytical framework builds upon the rural household models of Singh et al. (1986) and Rosenzweig (1990). Data on 470 households across 25 villages was collected using a quasiexperiment survey...
Persistent link: https://www.econbiz.de/10005513639
Since the 1970s, the policy of Indian government has been to promote dairy development on the basis of the cooperative organisations. During the 1990s the dairy industry in India was liberalised. This study examines the impact of the liberalisation policy on the cooperative dairy plants in...
Persistent link: https://www.econbiz.de/10005476543
Crop output can be defined as the product of area sown and yield. Given the existence of separate equations for explaining and predicting area sown and yield, in this paper we suggest predictors for output and derive expressions for the standard errors of the predictors. The methodology is...
Persistent link: https://www.econbiz.de/10005476553
Ukraine's transition from a centrally-planned to a market economy has had a profound effect upon its agricultural sector and agricultural universities. A substantial reduction in state financing has forced universities to adopt a range of survival strategies, with varying degrees of success. In...
Persistent link: https://www.econbiz.de/10004979640