首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Government Interventions, Market Imperfections, and Technical Inefficiency in a Mixed Economy: A Case Study of Indian Agriculture
Authors:Anjana Bhattacharyya  Arunava Bhattacharyya  Subal C Kumbhakar
Institution:aUniversity of Calcutta, Calcutta, 700027, India;bUniversity of Nevada, Reno, Nevada, 89557;cUniversity of Texas, Austin, Texas, 78712
Abstract:This paper uses an output-maximizing framework in the presence of expenditure constraint to measure output loss and input misallocation resulting from market distortions and technical inefficiency. A generalized indirect production function accommodating allocative distortions and technical inefficiency is used. Allocative distortions are captured in terms of effective (shadow) prices in which distortion parameters are both farm- and input-specific. The stochastic frontier approach is used to model technical inefficiency. Using farm-level data on 105 jute growers from West Bengal, India, we find that average output losses due to allocative distortions and technical inefficiency are 6.3% and 14%, respectively.
Keywords:
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号