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The paper addresses the decomposition of firms’ profit inefficiency (i.e. the difference between the observed profit and the maximal profit that could have been earned) in a context of output price uncertainty. More precisely, we separate this inefficiency into price expectation error,...
Persistent link: https://www.econbiz.de/10010539639
The model used, GAMEDE, is a “whole-farm” dynamic model composed of 6 biophysical modules and a management system (Vayssières et al, 2009). This simulation model gives accurate predictions for various sustainability indicators (labor, energy consumption, production, nitrogen leaks to the...
Persistent link: https://www.econbiz.de/10010700944
Livestock supply must challenge the growth of final demand in the developing countries. This challenge has to take into account its ecological effects since the dairy and livestock sectors are clearly pointed out as human activities which contribute significantly to environmental deterioration....
Persistent link: https://www.econbiz.de/10009650907
Grâce aux avancées méthodologiques sur la prise en compte des outputs indésirables dans la modélisation des technologies de production, cet article permet d’évaluer l’éco-efficience de 51 exploitations laitières de La Réunion selon le point de vue de trois acteurs : l’éleveur, la...
Persistent link: https://www.econbiz.de/10009650908
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In a recent article, Briec, Kerstens and Vanden Eeckaut (2004) develop a series of nonparametric, deterministic non-convex technologies integrating traditional returns to scale assumptions into the non-convex FDH model. They show, among other things, how the traditional technical input...
Persistent link: https://www.econbiz.de/10008517634
For three decades a growing interest in the modeling of desirable and undesirable outputs has led to a theoretical and methodological debate in the nonparametric literature on production technology and efficiency. The first main discussion is about the way of modeling ‘bad/undesirables’ as...
Persistent link: https://www.econbiz.de/10010682495