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Productivity And Efficiency Of U.S. Meat Goat Farms

Author

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  • Qushim, Berdikul
  • Gillespie, Jeffrey
  • McMillin, Kenneth

Abstract

This study determines scale and technical efficiencies, productivity, other economic performance measures, and efficiency drivers for U.S. meat goat operations. We estimate an input distance function (IDF) using stochastic production frontier techniques (SPF). Empirical Monte Carlo (MC) simulation techniques are used to show the consistency of small-sample properties for the IDF.

Suggested Citation

  • Qushim, Berdikul & Gillespie, Jeffrey & McMillin, Kenneth, 2014. "Productivity And Efficiency Of U.S. Meat Goat Farms," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162435, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162435
    DOI: 10.22004/ag.econ.162435
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    References listed on IDEAS

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    1. Vince Breneman, 2006. "Urban Influence on Costs of Production in the Corn Belt," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(4), pages 930-946.
    2. Bert Balk, 2001. "Scale Efficiency and Productivity Change," Journal of Productivity Analysis, Springer, vol. 15(3), pages 159-183, May.
    3. Daehoon Nahm & Ha Vu, 2013. "Measuring scale efficiency from a parametric hyperbolic distance function," Journal of Productivity Analysis, Springer, vol. 39(1), pages 83-88, February.
    4. Jondrow, James & Knox Lovell, C. A. & Materov, Ivan S. & Schmidt, Peter, 1982. "On the estimation of technical inefficiency in the stochastic frontier production function model," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 233-238, August.
    5. Battese, G E & Coelli, T J, 1995. "A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data," Empirical Economics, Springer, vol. 20(2), pages 325-332.
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    Cited by:

    1. Musa, H. Ahmed & Lemma, Z. & Endrias, G., 2015. "Measuring Technical, Economic and Allocative Efficiency of Maize Production in Subsistence Farming: Evidence from the Central Rift Valley of Ethiopia," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(3), pages 1-12, December.

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    More about this item

    Keywords

    Farm Management; Livestock Production/Industries; Production Economics; Productivity Analysis;
    All these keywords.

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