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Assessing the Perspectives of EU Cotton Farming: Technical and Scale Efficiencies of Greek Cotton Growers

Author

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  • Pantzios, Christos J.
  • Rozakis, Stelios
  • Tzouvelekas, Vangelis

Abstract

Utilizing the stochastic frontier approach, this paper estimates output and input-oriented technical and scale efficiency levels for a sample of cotton-growing farms in Thessaly, Greece. The empirical results suggest that Greek cotton farm operations are technically and scale inefficient. There is a considerable scope for improvement in resource use and thereby in farm income of cotton farms; Greek cotton farmers could reduce production costs by 20.4%, making more efficient utilization of the existing production technology. Factors responsible for the technical efficiency differentials observed among cotton-growers include the farmer's age and education as well as the farm's land fragmentation and output specialization.

Suggested Citation

  • Pantzios, Christos J. & Rozakis, Stelios & Tzouvelekas, Vangelis, 2002. "Assessing the Perspectives of EU Cotton Farming: Technical and Scale Efficiencies of Greek Cotton Growers," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24844, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae02:24844
    DOI: 10.22004/ag.econ.24844
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    References listed on IDEAS

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    Cited by:

    1. Jean Joseph Minviel & Timo Sipiläinen, 2018. "Dynamic stochastic analysis of the farm subsidy-efficiency link: evidence from France," Journal of Productivity Analysis, Springer, vol. 50(1), pages 41-54, October.

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