English, Article, Journal or magazine article edition: Romanian Maize - Distorted Prices and Producer Efficiency Sauer, Johannes; Balint, Borbala

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/148893
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Romanian Maize - Distorted Prices and Producer Efficiency
Author
  • Sauer, Johannes
  • Balint, Borbala
Physical Description
  • preprint
Notes
  • This research aims at shedding empirical light on the relative efficiency of small-scale maize producers in Romania. Farmers in transition countries still face heavily distorted price systems resulting from imperfect market conditions and socioeconomic and institutional constraints. To capture such distortions we formulate a stochastic shadow-cost frontier model to investigate the systematic input-specific allocative inefficiency. We further adjust the underlying cost frontier by incorporating shadow price corrections and subsequently reveal evidence on farm specific technical inefficiency. Different models are estimated due to the imposition of curvature correctness and the effects on the individual efficiency estimates are shown. The empirical results show a relative high technical efficiency of the small-scale farmers but relatively poor scores on systematic input price efficiency. The usage of extension services as well as agricultural training on the farm level are found to have a positive effect on the technical efficiency level of the farms. All model specifications further agree on the negative effect on efficiency with respect to the use of insecticides. The imposition of functional concavity on the shadow cost frontier leads to relative differences in the efficiency estimates of up to 240%.
  • Efficiency, Shadow Cost Frontier, Functional Consistency, Maize, Romania, Crop Production/​Industries, C40, D24, O33,
  • RePEc:ags:iaae06:25597
  • This study tackles the decomposition of efficiency with respect to agricultural production in transition economies by using a case study on small scale maize farmers in Romania. The underlying modelling assumption is that farmers in transition countries still face heavily distorted price systems. To capture such distortions a stochastic shadow cost frontier model is formulated to investigate the systematic input specific allocative inefficiency. We further adjust the underlying cost frontier by incorporating shadow price corrections and subsequently reveal evidence on farm specific technical inefficiency. Different models are estimated due to the imposition of curvature correctness. The empirical results confirm the underlying hypothesis of enduring price distortions.
  • efficiency, shadow cost frontier, transitional agriculture, functional consistency, Demand and Price Analysis, C40, D24, O33,
  • RePEc:ags:aaea06:21410
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment