- Tytuł:
- The Effect of CAP Subsidies on the Technical Efficiency of Polish Dairy Farms
- Autorzy:
-
Marzec, Jerzy
Pisulewski, Andrzej - Powiązania:
- https://bibliotekanauki.pl/articles/2076428.pdf
- Data publikacji:
- 2017
- Wydawca:
- Polska Akademia Nauk. Czytelnia Czasopism PAN
- Tematy:
-
stochastic frontier analysis
dairy farms
Bayesian approach
panel data - Opis:
- The main aim of this paper is to analyse the effect of Common Agricultural Policy (CAP) subsidies on technical efficiency of Polish dairy farms. We have distinguished several types of subsidies and provided an analysis to find out which types are most likely to engender systematic differences in technical efficiency. A balanced panel of microeconomic data on Polish dairy farms over an eight-year period (between 2004 and 2011), taken from the Farm Accountancy Data Network (FADN), is used. The translog production function is estimated by employing the Bayesian approach. The empirical results show that the elasticity of production with respect to livestock is the highest, whereas with respect to feed is the lowest. The mean technical efficiency in the covered period is 83%. The research reveals the negative effect of subsidies on technical efficiency.
- Źródło:
-
Central European Journal of Economic Modelling and Econometrics; 2017, 3; 243-273
2080-0886
2080-119X - Pojawia się w:
- Central European Journal of Economic Modelling and Econometrics
- Dostawca treści:
- Biblioteka Nauki