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  • This paper deals with the estimation of technical efficiency in Czech agriculture with respect to significant firm heterogeneity. Two main questions are elaborated. The first concerns the choice of a proper model specification, distinguishing between technical inefficiency and firm heterogeneity. The second question is related to the level of technical efficiency. The results show that only those model specifications allowing for the capture of time-invariant firm heterogeneity may provide consistent estimates of technical efficiency. Specifically, the Random Parameters family of models is a superior specification for the estimation of technical efficiency in the analysis. Moreover, technical inefficiency is a significant phenomenon in Czech agriculture. The average level of technical efficiency is around 90% for agricultural companies.
  • This paper deals with the estimation of technical efficiency in Czech agriculture with respect to significant firm heterogeneity. Two main questions are elaborated. The first concerns the choice of a proper model specification, distinguishing between technical inefficiency and firm heterogeneity. The second question is related to the level of technical efficiency. The results show that only those model specifications allowing for the capture of time-invariant firm heterogeneity may provide consistent estimates of technical efficiency. Specifically, the Random Parameters family of models is a superior specification for the estimation of technical efficiency in the analysis. Moreover, technical inefficiency is a significant phenomenon in Czech agriculture. The average level of technical efficiency is around 90% for agricultural companies. (en)
Title
  • Estimation of technical efficiency in Czech agriculture with respect to firm heterogeneity
  • Estimation of technical efficiency in Czech agriculture with respect to firm heterogeneity (en)
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  • Estimation of technical efficiency in Czech agriculture with respect to firm heterogeneity
  • Estimation of technical efficiency in Czech agriculture with respect to firm heterogeneity (en)
skos:notation
  • RIV/60460709:41110/10:48204!RIV11-MSM-41110___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • Z(MSM6046070906)
http://linked.open...iv/cisloPeriodika
  • 4
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 257570
http://linked.open...ai/riv/idVysledku
  • RIV/60460709:41110/10:48204
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • firm heterogeneity, technical efficiency, SFA (Stochastic Frontier Analysis), agricultural companies (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [733792F7BA34]
http://linked.open...i/riv/nazevZdroje
  • Agricultural Economics (Zemědělská ekonomika)
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 56
http://linked.open...iv/tvurceVysledku
  • Čechura, Lukáš
http://linked.open...ain/vavai/riv/wos
  • 000277643900005
http://linked.open...n/vavai/riv/zamer
issn
  • 0139-570X
number of pages
http://localhost/t...ganizacniJednotka
  • 41110
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