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This study addresses the impact of trade openness on technical efficiency in the U.S. agricultural sector. The results indicate that trade protectionism illustrated with a decrease in the share of agricultural imports in agricultural GDP led to an increase in technical efficiency. A change in...
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This paper has two-fold contribution. First, normality of the crop yield residuals are examined using panel statistical procedures accounting for trend, autocorrelation and heteroskedasticity. Second, to evaluate the importance of accounting for spatial and temporal variation on the normality of...
Persistent link: https://www.econbiz.de/10010611996
The Swamy-Arora panel data envelopment analysis model is used to estimate crop insurance adjusted efficiency based on an alternative two-way random effect panel estimator. An empirical application using data from 48 U.S. states from 1960 to 2004 indicate the crop insurance adjusted panel model...
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