Abstract
This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic efficiency ratings for a sample of Dutch dairy farms observed from 1995 to 2005
| Original language | English |
|---|---|
| Pages (from-to) | 756-767 |
| Journal | American Journal of Agricultural Economics |
| Volume | 93 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2011 |
Keywords
- data envelopment analysis
- electric utilities
- farms
- cost
- inefficiencies
- impact