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This paper uses cross-sectional data collected from 375 smallholder yam farmers in Ghana in 2010 to examine whether the adoption of yam minisett technology had an effect on the technical efficiency of production of the yam farmers. We correct for endogeneity in adoption and employ stochastic...
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The modelling and estimation of frontier production functions has been an important area of econometric research during the last two decades. Forsund, Lovell and Schmidt (1980) and Schmidt (1986) present reviews of the concepts and models involved and cite some of the empirical applications...
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After the financial crisis in 1997, the Thai government established and promoted financial services to rural areas to improve the quality of life of rural households and increase the productivity and technical efficiency of farmers. This paper seeks to investigate the impact of financial...
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Risk plays a vital role in farmers' decisions on input allocations and, therefore, output supply. This paper provides empirical evidence on the estimation of production risk, risk preferences and technical inefficiency. An eight-year panel data set is used for 46 rice farmers from a...
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