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  • 标题:Technology and efficiency in a panel of Italian dairy farms: an SGM restricted cost function approach
  • 本地全文:下载
  • 作者:Pierani, Pierpaolo ; Rizzi, Pier Luigi
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2003
  • 页码:195-209
  • 出版社:Food Distribution Research Society
  • 摘要:This article employs a short-term specification of the symmetric generalised McFadden (SGM) cost function capable of accommodating quasi-fixed factors and variable returns. Temporary equilibrium and scale economies are investigated while maintaining the consistency of the estimated model with microeconomic theory and approximation properties. It also makes use of a two-step procedure to estimate first the technology parameters and then time-varying efficiency at farm level. No distributional assumptions are required on efficiency as we consider a fixed effect model. A balanced panel of Italian dairy farms during the years from 1980 to 1992 serves as the case study. The results suggest a rigid productive structure during the pre- and post-quota period. Moreover, Italian milk producers are found to exhibit considerable excess capacity and rather low input technical efficiency. © 2003 Elsevier B.V. All rights reserved.
  • 关键词:Restricted cost function;SGM;Capacity utilisation;Input technical efficiency;Panel data
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