News Update on Dairy Farms Research: Feb – 2020

Posted on February 5, 2020Categories Agricultural Extension, EconomicsTags , ,   Leave a comment on News Update on Dairy Farms Research: Feb – 2020

A Generalized Production Frontier Approach for Estimating Determinants of Inefficiency in U.S. Dairy Farms This article investigates farm-level efficiency of U.S. dairy farmers by estimating their technical and allocative efficiency. Technical inefficiency is assumed to be composed of a deterministic component that’s a function of some farm-specific characteristics and a random component. By doing this we extend the stochastic frontier methodology during which determinants of technicial inefficiency are explicitly introduced within the model. Given the inputs, variations in efficiency of … Continue reading “News Update on Dairy Farms Research: Feb – 2020”