Showing 1 - 10 of 53
In this paper we review two different approaches followed in the empirical literature to test for the existence of public capital spillovers. Additionally, we explore the role played by an additive aggregator of public capital in neighboring regions versus the multiplicative aggregator used...
Persistent link: https://www.econbiz.de/10005190337
This article explores the relationship between milk quota values and economic efficiency in order to analyze government interventions in quota allocations among producers. For this purpose, we estimate quota values using a panel of Spanish dairy farms. Quota values are then decomposed into...
Persistent link: https://www.econbiz.de/10009397777
This paper provides a concise review of a broad set of concepts, models and estimation issues in the field of stochastic frontier analysis. The goal is to provide practitioners with a quick guide to some key ideas. The review is restricted to single-output models estimated by econometric...
Persistent link: https://www.econbiz.de/10011208116
Resumen Este trabajo analiza la calidad en la producción de leche y su relación con la genética del rebaño. El marco analítico es un modelo de producción multi-output en el que la calidad de la leche se considera como un output del proceso productivo. El modelo propuesto abre la...
Persistent link: https://www.econbiz.de/10005041315
Persistent link: https://www.econbiz.de/10005239854
Managerial ability has important implications for farm growth. In this article we first show in a production model that increasing output with a fixed level of managerial ability can lead to a decrease in profits. Next, we discuss the effect that managerial ability has on economies of size. In...
Persistent link: https://www.econbiz.de/10009397798
Managerial ability has important implications for farm growth. In this article we first show in a production model that increasing output with a fixed level of managerial ability can lead to a decrease in profits. Next, we discuss the effect that managerial ability has on economies of size. In...
Persistent link: https://www.econbiz.de/10005324891
Let u ≥ 0 be technical inefficiency, let z be a set of variables that affect u, and let δ be the parameters of this relationship. The model satisfies the scaling property if u(z, δ) can be written as a scaling function h(z, δ) times a random variable u* that does not depend on z. This...
Persistent link: https://www.econbiz.de/10005711773
This paper explores two alternatives for estimating systems of equations with multiple censored variables: Maximum Simulated Likelihood and a two-step technique that seems to be well suited for large samples. The empirical part of the paper estimates a system of cost, cost shares and revenue...
Persistent link: https://www.econbiz.de/10005525944
En el presente trabajo se calcula el valor de la cuota para in grupo de productores lecherose en Asturias, Para ello se estima una funcion de costes variables usando datos de panel de 71 explotaciones lechuras en el periodo 1993-1998. Una caracteristica improtante del modelo empleado es que...
Persistent link: https://www.econbiz.de/10010882562