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This study investigates production risk and technical inefficiency as two possible sources of the production variability that characterised Russian agriculture during the last decade. The empirical analysis is conducted using panel data from 1996 to 2001 on 443 large agricultural enterprises...
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We use the indirect production function approach in the stochastic frontier framework to estimate separately the output losses due to the presence of a budget constraint and technical inefficiency. We develop a methodology for estimating the severity and testing the significance of the...
Persistent link: https://www.econbiz.de/10013150210
We conduct an examination of the climate effect to analyze the historical dependence of grain production on temperatures and precipitation levels, and project this dependence to estimate the productivity of different grain types in the mid- and long-terms, given four greenhouse gas concentration...
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