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The aim of this article is to analyse the technical efficiency of Hungarian crop farms between 2001 and 2009 using panel data. We employ both standard stochastic frontier analysis and latent class model (LCM) to estimate technical efficiency. Our results suggest that technological heterogeneity...
Persistent link: https://www.econbiz.de/10009665468
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competitive general equilibrium where goods prices, technology and factor supplies jointly determine outputs and factor prices. We …, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by assuming that … GDP is a function of prices, technology levels, and supplies of capital and different types of labor. We treat final goods …
Persistent link: https://www.econbiz.de/10005420516
. ------------------------------------------ The findings of our research show that the main channels of financing agriculture include direct and indirect bank … financing. Indirect bank financing means that the bank provides loans to an intermediary organisation, and not directly to … producers. Such intermediaries are most often leasing companies, factoring companies or integrators. Non-bank financing is …
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