Conditional Fdh Efficiency, Income Dispersion and Market Imperfections: the Case of the Brazilian Agricultural Census of 2006
نویسندگان
چکیده
In this article we assess the effect of market imperfections and income inequality on rural production efficiency. The analysis is carried out using the notion of stochastic conditional efficiency computed in terms of free disposal hull (FDH) efficiency measurements. Free disposal hull and conditional FDH are output oriented with variable returns to scale. They are evaluated for rural production at county level, considering as output the rank of rural gross income and as inputs the ranks of land expenses, labor expenses, and expenses on other technological factors. The conditional frontier is dependent on income dispersion and market imperfections resulting from credit, technical assistance, and environmental, social and demographic indices. The econometric approach is based on fractional regression models and general method of moments (GMM). Overall, market imperfection variables act to reduce performance, and income dispersion is positively associated with technical efficiency.
منابع مشابه
Conditional Fdh Efficiency to Assess Performance Factors for Brazilian Agriculture
In this article we assess the effect of market imperfections and income inequality on rural production efficiency. The analysis is carried out using the notion of stochastic conditional efficiency computed in terms of free disposal hull (FDH) efficiency measurements. Free disposal hull and conditional FDH are output oriented with variable returns to scale. They are evaluated for rural productio...
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