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Policies for rural areas have become an important but complex policy field in the European Union`s Common Agricultural Policy. In this paper we present a programming approach to analyse the EAFRD budget allocation in Saxony-Anhalt. The approach has been interactively developed with...
Persistent link: https://www.econbiz.de/10008508956
This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the...
Persistent link: https://www.econbiz.de/10008508961
In this paper we assess how production costs and capital accumulation patterns in agriculture have evolved over time, by paying special attention to the influence of risk. A dynamic state-contingent cost minimization approach is applied to assess production decisions in US agriculture over the...
Persistent link: https://www.econbiz.de/10008508963