Efficiency and Productivity Changes of the Italian Agrifood Cooperatives: a Malmquist Index Analysis
The objective of this paper is to analyse efficiency and productivity changes of a sample of Italian agrifood cooperatives in the period 2000-2002. Towards this aim, a three-stage analysis is carried out. Firstly, a Data Envelopment Analysis approach is used to estimate technical and pure efficiency scores. Secondly, DEA-based Malmquist indices are calculated to analyse inter-temporal productivity changes. Thirdly, a Tobit regression analysis is carried out to identify the reasons for the differences existing among the cooperatives in terms of technical efficiency. The main results are as follows. The overall efficiency of the agrifood cooperatives is not particularly high: the technical efficiency and the managerial efficiency are, on average, 35% and 63% of the "relative" optimal ones, respectively. In the period analysed, productivity improves by about 2% due to a positive technological change. The technical efficiency worsens because of deterioration of scale efficiency attenuated by an increase in managerial efficiency. Milk and zootechnic cooperatives show the highest average levels of technical and pure efficiency. Their productivity increased in the period considered, owing to improvements in both managerial and scale efficiency. Wine cooperatives present the lowest average levels of technical and pure efficiency. Moreover, their productivity decreased due to a worsening of managerial capabilities. Fruit and vegetables and oil cooperatives represent middle situations. Finally, technical efficiency seems to be affected positively by the scale, technology, structural elasticity and middle-long term balance whilst is negatively affected by financial exposure.
|Date of creation:||Feb 2006|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +39 071 220 7100
Fax: +39 071 220 7102
Web page: http://www.dises.univpm.it/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mathijs, Erik & Vranken, Liesbet, 2000. "Farm Restructuring And Efficiency In Transition: Evidence From Bulgaria And Hungary," 2000 Annual meeting, July 30-August 2, Tampa, FL 21886, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Alvarez, Roberto & Crespi, Gustavo, 2003. " Determinants of Technical Efficiency in Small Firms," Small Business Economics, Springer, vol. 20(3), pages 233-44, May.
- R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
- Piesse, Jenifer & Doyer, Tobias & Thirtle, Colin & Vink, Nick, 2005. "The changing role of grain cooperatives in the transition to competitive markets in South Africa," Journal of Comparative Economics, Elsevier, vol. 33(1), pages 197-218, March.
- Laure Latruffe & Kelvin Balcombe & Sophia Davidova & Katarzyna Zawalinska, 2004. "Determinants of technical efficiency of crop and livestock farms in Poland," Applied Economics, Taylor & Francis Journals, vol. 36(12), pages 1255-1263.
- Philip Lund & Roger Price, 1998. "The Measurement of Average Farm Size," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(1), pages 100-110.
- A. Charnes & W. W. Cooper & E. Rhodes, 1981. "Evaluating Program and Managerial Efficiency: An Application of Data Envelopment Analysis to Program Follow Through," Management Science, INFORMS, vol. 27(6), pages 668-697, June.
- Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November.
- Mercedes Gumbau-Albert & Joaquin Maudos, 2002. "The determinants of efficiency: the case of the Spanish industry," Applied Economics, Taylor & Francis Journals, vol. 34(15), pages 1941-1948.
When requesting a correction, please mention this item's handle: RePEc:anc:wpaper:250. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maurizio Mariotti)
If references are entirely missing, you can add them using this form.