Assessment methods of the economic efficiency of the farms
Two alternative methodological approaches for evaluation of the technical efficiency are compared: the Data Envelopment Analysis – DEA, using linear programming techniques and the Stochastic Frontier Analysis – SFA, being a parametric, econometric approach. The study is based on data on 130 agricultural producers, registered in the South Central and the SE planning regions being member of producer organizations between 2005 and 2008.
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Volume (Year): (2011)
Issue (Month): 2 ()
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- Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
- Fare, Rolf & Grosskopf, Shawna, 1994. "Estimation of returns to scale using data envelopment analysis: A comment," European Journal of Operational Research, Elsevier, vol. 79(2), pages 379-382, December.
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