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Technology Adoption in French Agriculture and the Role of Financial Constraints

  • Blancard, Stephane
  • Boussemart, Jean-Philippe
  • Briec, W.
  • Kerstens, Kristiaan

Successive CAP reforms have increased the exposure of European agriculture to market forces. As a result, farmers have become preoccupied with their competitiveness and have progressively adopted best practices. However, these long-run technological adjustments could be slowed down by eventual shortrun financial constraints. This contribution measures the role of these financial constraints on the catching-up component of total factor productivity for a panel of French farmers in Nord-Pas-de-Calais region during 1994-2001. For TFP estimates based on non-parametric distance functions, the second stage econometric results indicate that the technological adaptation is significantly conditioned by financial constraints.

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File URL: http://purl.umn.edu/44160
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Paper provided by European Association of Agricultural Economists in its series 2008 International Congress, August 26-29, 2008, Ghent, Belgium with number 44160.

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Date of creation: 2008
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Handle: RePEc:ags:eaae08:44160
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