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Gallacher, Marcos
Year of Publication: 
Series/Report no.: 
Serie Documentos de Trabajo, Universidad del CEMA: Área: economía y negocios 478
Most studies analyzing the impact of human capital in agriculture use the measure of years of schooling of the producer as a proxy for decision-making skills. An alternative measure is used in this paper. The measure was derived by grading decision-making and execution skills of a sample of farmers. Grades were assigned by farm advisors knowledgeable of each farm and producer characteristics. Assigned grades were then used in a production-function context in order to estimate the impact of management skills on firm-level results. A very significant impact of these skills on production efficiency and firm results was found.
Document Type: 
Working Paper

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