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Cost Efficiency of International Corn Production

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  • Purdy, Rachel
  • Langemeier, Michael

Abstract

The objective of this paper was to examine the cost efficiency of corn production for typical farms involved in the cash crop agri benchmark network. Average cost efficiency for 32 typical farms, representing 12 countries, was 0.720. Seed and direct inputs other than seed, fertilizer, and crop protection inputs, were found to be under-utilized, and labor was found to be over-utilized on the typical farms.
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Suggested Citation

  • Purdy, Rachel & Langemeier, Michael, 2019. "Cost Efficiency of International Corn Production," 2019 Annual Meeting, February 2-5, 2019, Birmingham, Alabama 284276, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea19:284276
    DOI: 10.22004/ag.econ.284276
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    Cited by:

    1. Adrian Amelung, 2014. "Emissionshandelssysteme für Treibhausgase: Funktionsweise und Vergleich bestehender Ausprägungsformen," Otto-Wolff-Institut Discussion Paper Series 05/2014, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland.

    More about this item

    Keywords

    Agricultural Finance; Farm Management; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies;
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