Analysis (DEA) have become very popular in the analysis of productive efficiency. This paper undertakes a comparison of the SFA and the constant returns to scale (CRS) and variable returns to scale (VRS) output-oriented DEA models, based on a sample of 165 dairy farms in Greece. However, the aim...

Agriculture was the mainstay of the Nigerian economy prior to independence and immediately after. Agriculture however, has suffered persistent decline since the 1970s with the exchange rate policy being implicated in the misfortune of this sector. Earlier studies on the effect of exchange rate...

This study examines the effect of financial factors on the sugar market by using Generalized Autoregressive Conditional Heteroskedasticity (GARCH) models. The results show that changes in capital and energy markets returns have a positive impact on the mean returns of Sugar futures as opposed to...

Currently agriculture in Albania makes up about 23% of GDP (MoAFCP 2008a). The dairy industry, and along with it the milk collection system, are still in the course of modernizing structures and technologies. As milk is a very important component of the Albanians diet, this study explores...

In this article, premium risk concept is used to value the cost of water uncertainty for a risk adverse farmer in the Segura Basin. The obtained estimation would proportionate the increment in the willingness to pay for a more secure resource. This calculus can be taken into account by...

This paper contributes with an empirical analysis, using a sample of farms, on the influence of size on cost behaviour under operational and tactical flexibility. Results indicate that small farms behave advantageously with respect to biggest farms in situations of operational and tactical...