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Title:Efficiency measurement in Greek dairy farms: Stochastic frontier vs. data envelopment analysis PDF Logo
Authors:Theodoridis, A. M.
Psychoudakis, A.
Issue Date:2008
Citation:[Journal:] International Journal of Economic Sciences and Applied Research [ISSN:] 1791-3373 [Volume:] 1 [Year:] 2008 [Issue:] 2 [Pages:] 53-66
Abstract:Analysis (DEA) have become very popular in the analysis of productive efficiency. This paper undertakes a comparison of the SFA and the constant returns to scale (CRS) and variable returns to scale (VRS) output-oriented DEA models, based on a sample of 165 dairy farms in Greece. However, the aim of this paper is not only to compare estimates of technical efficiency obtained from two approaches, but also to produce efficiency data about the farms studied, which have implications for agricultural policy to improve dairy production. The results indicate that there is a potential for increasing production in the dairy farms through improved efficiency.
Subjects:Data Envelopment Analysis
stochastic frontier analysis
dairy farms
Document Type:Article
Appears in Collections:International Journal of Business and Economic Sciences and Applied Research (IJBESAR)

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