Measuring of the Hungarian dairy farms efficiency
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The general objective of my research was to explore the main indicators of the dairy sector in Hungary, and then define and systematize their efficiency and the factors relevant concerning dairy farms. Moreover, my objective is to introduce the most commonly used methods for measuring efficiency, which can explore hidden reserves within the sector. Based on the secondary database (FADN), I created a partial efficiency index system of economic efficiency in four main economic areas (capital, production costs, human resources, livestock) which were characterized by using dairy farms efficiency differences of different size, year and legal form categories. The model input variables comes from Hungarian FADN database. I confirmed that the used efficiency methods (partial indicators) for measuring complex efficiency level were higher in my sample in the case of the large-sized farms than the for small and medium-sized farms.