The productivity of private and social farms: Multilateral Malmquist indices for Slovene dairying enterprises
✍ Scribed by Colin Thirtle; Jenifer Piesse; Jernej Turk
- Publisher
- Springer
- Year
- 1996
- Tongue
- English
- Weight
- 1006 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0895-562X
No coin nor oath required. For personal study only.
✦ Synopsis
Applying programming techniques to farm-level panel data for four cooperative and 12 private dairy farms in the Yugoslav Republic of Slovenia gives estimates of technical efficiency, scale efficiency, and technical progress. These are used to construct multilateral Malmquist indices of total factor productivity (TFP). For the cooperatives, TFP growth has been slow and is attributable to technical progress. For the private farms, technical progress was also slow, but TFP growth was faster due to improved efficiency. Scale inefficiency explains the poorer absolute performance of the private farms, indicating the need for land reform as well as technological change.