Measuring the impacts of production risk on technical efficiency: a state-contingent conditional order-m approach

dc.creatorSerra, Teresa
dc.creatorOude Lansink, Alfons
dc.date2017-04-01T13:47:43Z
dc.date.accessioned2026-07-09T08:19:07Z
dc.descriptionThis article studies the influence of risk on farms’ technical efficiency levels. The analysis extends the order-m efficiency scores approach proposed by Daraio and Simar (2005) to the state-contingent framework. The empirical application focuses on cross section data of Catalan specialised crop farms from the year 2011. Results suggest that accounting for production risks increases the technical performance. A 10% increase in output risk will result in a 2.5% increase in average firm technical performance.
dc.identifierdoi:10.22004/ag.econ.182661
dc.identifierhttps://ageconsearch.umn.edu/record/182661/files/Serra-Measuring_the_impacts_of_production_risk_on_technical_efficiency-115_a.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/182661
dc.identifier.urihttp://hdl.handle.net/123456789/597816
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/182661
dc.titleMeasuring the impacts of production risk on technical efficiency: a state-contingent conditional order-m approach
dc.typeText

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