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Estimation of Firm-Varying, Input-Specific Efficiencies in Dairy Production

Daniel A. Lass & Conrado M. Gempesaw

Northeastern Journal of Agricultural and Resource Economics1992https://doi.org/10.1017/s0899367x0000266xarticle
ABDC C
Weight
0.33

What the paper says

Firm-varying production technologies were estimated using random coefficients regression methods for a sample of Massachusetts dairy farms. Results were compared to OLS Cobb-Douglas production function estimates. The random coefficients regression model was found to virtually eliminate conventionally measured firm technical inefficiencies by estimating individual firm technologies and ascribing remaining inefficiencies to specific inputs. Input-specific measures of firm inefficiencies showed hired labor, land, and machinery inputs to be used in excess of efficient levels. Livestock supplies were underutilized by all farms. Efficiencies of feed, crop materials, fuels, and utilities varied, although estimated means were closer to optimal levels.

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https://doi.org/https://doi.org/10.1017/s0899367x0000266x

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@article{daniel1992,
  title        = {{Estimation of Firm-Varying, Input-Specific Efficiencies in Dairy Production}},
  author       = {Daniel A. Lass & Conrado M. Gempesaw},
  journal      = {Northeastern Journal of Agricultural and Resource Economics},
  year         = {1992},
  doi          = {https://doi.org/https://doi.org/10.1017/s0899367x0000266x},
}

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Evidence weight

0.33

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.19 × 0.4 = 0.07
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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