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Title
Patterns in Technical Efficiency and Technical Change at the Farm-level in England and Wales, 1982-2002
Fields of Research (FoR) 2008:
Author(s)
Publication Date
2006
Socio-Economic Objective (SEO) 2008
Abstract
English and Welsh farm-level survey data are employed to estimate stochastic frontier production functions for eight different farm types (cereal, dairy, sheep, beef, poultry, pigs, general cropping and mixed) for the period 1982 to 2002. Differences in the relative efficiency of farms are explored by the simultaneous estimation of a model of technical inefficiency effects. The analysis shows that, generally, farms of all types are relatively efficient with a large proportion of farms operating close to the production frontier. However, whilst the frontier farms of all types are becoming more efficient through time because of technical change, it is also the case that the efficiency of the average farm for most farm types is increasing at a slower rate. In addition, annual mean levels of efficiency for most farm types have declined between 1982 and 2002. The factors that consistently appear to have a statistically significant effect on differences in efficiency between farms are: farm or herd size, farm debt ratios, farmer age, levels of specialisation and ownership status.
Publication Type
Journal Article
Source of Publication
Journal of Agricultural Economics, 57(1), p. 81-100
Publisher
Wiley-Blackwell Publishing Ltd
Place of Publication
United Kingdom
ISSN
1477-9552
0021-857X
Peer Reviewed
Yes
HERDC Category Description
Peer Reviewed
Yes
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