Technical efficiency and farm size: a conditional analysis |
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Authors: | Antonio Alvarez Carlos Arias |
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Institution: | Department of Economics, University of Oviedo, Spain;Department of Economics, University of Leon, Spain |
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Abstract: | The relationship between technical efficiency and size might be affected by farm heterogeneity. We analyse this relationship conditional on a set of control variables. These control variables are chosen using a production model where technical efficiency is introduced as a parameter. As a result, technical efficiency affects both the input demand and the output supply of a profit maximising producer. The empirical application explores these issues using panel data of dairy farms in Spain. |
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Keywords: | Q12 |
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