Blancard, Stéphane; Boussemart, Jean-Philippe; Briec, … - In: American Journal of Agricultural Economics 88 (2006) 2, pp. 351-364
This empirical application investigates the eventual presence of credit constraints using a panel of French farmers. The credit-constrained profit maximization model proposed by Färe, Grosskopf, and Lee is extended in three ways. First, we rephrase the model in terms of directional distance...