TY - JOUR
T1 - The Impact of Direct Income Transfers of CAP on Greek Olive Farms' Performance: Using a Non-Monotonic Inefficiency Effects Model
AU - Zhu, X.
AU - Karagiannis, G.
AU - Oude Lansink, A.G.J.M.
PY - 2011
Y1 - 2011
N2 - We analyse the impacts of direct income transfers on the technical efficiency of Greek olive farms. We use a production frontier function and a non-monotonic inefficiency effects model, which incorporates the influences of exogenous variables (subsidies, farm characteristics, etc.) on technical efficiency. The model is applied to 1995–2004 FADN data. The results show that direct transfers of the CAP had a negative and monotonic effect on technical efficiency, whereas the degree of specialisation had a non-monotonic effect on technical efficiency
AB - We analyse the impacts of direct income transfers on the technical efficiency of Greek olive farms. We use a production frontier function and a non-monotonic inefficiency effects model, which incorporates the influences of exogenous variables (subsidies, farm characteristics, etc.) on technical efficiency. The model is applied to 1995–2004 FADN data. The results show that direct transfers of the CAP had a negative and monotonic effect on technical efficiency, whereas the degree of specialisation had a non-monotonic effect on technical efficiency
KW - technical efficiency
KW - subsidies
U2 - 10.1111/j.1477-9552.2011.00302.x
DO - 10.1111/j.1477-9552.2011.00302.x
M3 - Article
SN - 0021-857X
VL - 62
SP - 630
EP - 638
JO - Journal of Agricultural Economics
JF - Journal of Agricultural Economics
IS - 3
ER -