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Grower Production and Economic Efficiency in the Semi-Arid Southern Great Plains

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  • Lambert, Lixia H.
  • Shear, Hannah E.
  • Warren, Jason

Abstract

Agricultural production competitions that focus on a single crop, relatively similar field conditions, and similar growing conditions can provide valuable information to extension educators, researchers, and growers on input and resource management. Using data collected from a grower competition in the Oklahoma panhandle, a semi-arid region, we estimated the relative production and economic efficiency scores for competing grower teams. Efficiency was measured using data envelopment analysis (DEA) procedures. Results show that comparatively lower fertilizer application rates and higher rates of irrigation generated the highest efficiency scores. Limited application of fertilizer and irrigation may achieve technical and cost efficiencies, but it is not an optimal decision if the producer’s objective is to maximize profit.

Suggested Citation

  • Lambert, Lixia H. & Shear, Hannah E. & Warren, Jason, 2023. "Grower Production and Economic Efficiency in the Semi-Arid Southern Great Plains," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2023, January.
    • Handle: RePEc:ags:jasfmr:342893
    DOI: 10.22004/ag.econ.342893
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    References listed on IDEAS

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    1. Roman M. Sheremeta, 2013. "Overbidding And Heterogeneous Behavior In Contest Experiments," Journal of Economic Surveys, Wiley Blackwell, vol. 27(3), pages 491-514, July.
    2. Timothy J. Coelli & D.S. Prasada Rao & Christopher J. O’Donnell & George E. Battese, 2005. "An Introduction to Efficiency and Productivity Analysis," Springer Books, Springer, edition 0, number 978-0-387-25895-9, January.
    3. Chavas, Jean-Paul & Aliber, Michael, 1993. "An Analysis Of Economic Efficiency In Agriculture: A Nonparametric Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(1), pages 1-16, July.
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