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In the late 1990s, China aimed to mitigate environmental degradation from agricultural production activities by introducing the world's largest 'Payments for Environmental Services' (PES) program ― the Sloping Land Conversion Program (SLCP). In order to analyze its effects on agricultural...
Persistent link: https://www.econbiz.de/10012101023
We investigate the unique contractual arrangement between a large Ethiopian sugar factory and its adjacent outgrower associations. The only significant difference between the sugarcane production on the factory-operated sugarcane plantation and on the outgrower-operated plots is the remuneration...
Persistent link: https://www.econbiz.de/10012101027
Contract farming is often seen as a panacea to many of the challenges faced by agricultural production in developing countries. Given the large heterogeneity of contract farming arrangements, it is debatable whether all kinds of contract farming arrangements offer benefits to participating...
Persistent link: https://www.econbiz.de/10012101031
We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections of the...
Persistent link: https://www.econbiz.de/10012101042
The stochastic ray production frontier was developed as an alternative to the traditional output distance function to model production processes with multiple inputs and multiple outputs. Its main advantage over the traditional approach is that it can be used when some output quantities of some...
Persistent link: https://www.econbiz.de/10012101050
In this paper, we consider the stochastic ray production function that has been revived recently by Henningsen et al. (2017). We use a profit-maximizing framework to resolve endogeneity problems that are likely to arise, as in all distance functions, and we derive the system of equations after...
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