Journal article | Zeitschriftenartikel
Estimating Technical Efficiency of Australian Dairy Farms Using Alternative Frontier Methodologies
In this paper we estimate and examine technical efficiency for a cross-section of Australian dairy farms using various frontier methodologies; Bayesian and Classical stochastic frontiers, and Data Envelopment Analysis. Our results indicate technical inefficiency is present in the sample data. We also identify statistical differences between the point estimates of technical efficiency generated by the various methodologies. However, the rank of farm level technical efficiency is statistically invariant to the estimation technique employed. Finally, when we compare confidence/credible intervals of technical efficiency we find significant overlap for many of the farms’ intervals for all frontier methods employed. Our results indicate that the choice of estimation methodology may matter, but the explanatory power of all frontier methods is significantly weaker when we examine interval estimate of technical efficiency.
- Extent
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Seite(n): 2221-2236
- Language
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Englisch
- Notes
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Status: Postprint; begutachtet (peer reviewed)
- Bibliographic citation
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Applied Economics, 38(19)
- Event
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Geistige Schöpfung
- (who)
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Fraser, Iain Mcpherson
Balcombe, Kelvin
Kim, Jae
- Event
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Veröffentlichung
- (when)
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2006
- DOI
- URN
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urn:nbn:de:0168-ssoar-239197
- Rights
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
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21.06.2024, 4:27 PM CEST
Data provider
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Fraser, Iain Mcpherson
- Balcombe, Kelvin
- Kim, Jae
Time of origin
- 2006
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Financial Management on Large Dairy Farms
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Dimensional structure of dairy farms in 2018
Effective Accounting Systems for Large Dairy Farms
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Estimating Technical Efficiency of Australian Dairy Farms Using Alternative Frontier Methodologies
Efficiency measurement in Greek dairy farms: Stochastic frontier vs. data envelopment analysis
Financial Management on Large Dairy Farms
Nitrogen on dairy farms : balances and efficiency
Dimensional structure of dairy farms in 2018
Effective Accounting Systems for Large Dairy Farms
Incentive Plans for Use on Dairy Farms
Returns to managerial ability: Dairy farms in Argentina
Estimating Risk-Adjusted Interest Rates for Dairy Farms
Epidemiological investigations of digital dermatitis on two dairy farms
Characteristics of dairy cow farms with positive economic results