Latruffe, Laure; Guyomard, Herve; Le Mouel, Chantal - European Association of Agricultural Economists - EAAE - 2008
This paper investigates the relationship between CAP direct payments and managerial efficiency for French crop and beef farms. Managerial efficiency scores are calculated using a four-step approach that allows to disentangle managerial inefficiency from other technical inefficiency components,...