Supermarkets are gaining ground in the agri-food systems of many developing countries. While recent research has analyzed income effects in the small farm sector, impacts on productivity and efficiency have hardly been studied. We use a meta-frontier approach and combine this with propensity...

This paper presents new evidence regarding the relation between profit, revenue, and cost efficiencies of U.S. commercial banks. Building on the widely used nonstandard profit function (NSPF) approach, we show (i) why estimation of NSPF would be wrong and (ii) how revenue and cost efficiencies...

We propose a two-stage procedure for finding realistic benchmarks for nonparametric efficiency analysis. On the first stage the efficient DMUs are figured out by a free disposal hull approach. These benchmarks are directly targeted by directional distance functions and the extent of inefficiency...

China’s agricultural productivity has achieved remarkable accomplishments in agricultural sector after China’s accession to World Trade Organization (WTO). According to National Bureau of Statistics of China (NBSC), the total meat production in 2018 is 43% more than in 2000, and the total...

Production analysis matters in agricultural economics because technology shapes developments in agriculture as well as in related sectors, such as the food industry. Pro- ductivity and technical efficiency (TE) are key aspects in this context. In empirical analysis, inefficiency can be...

The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit – technical efficiency...

As the Argentinean grapevine production systems have gained global visibility, the wine industry has been revitalized with a greater focus on enological quality, technology adoption, and export orientation. Although grapevine production has decreased 36% in a decade nationwide, the province of...