scholarly journals MEAT GOAT ENTERPRISE EFFICIENCY ANALYSIS IN THE SOUTHEASTERN UNITED STATES

2016 ◽  
Vol 48 (1) ◽  
pp. 52-72 ◽  
Author(s):  
BERDIKUL QUSHIM ◽  
JEFFREY GILLESPIE ◽  
KENNETH McMILLIN
Keyword(s):  
Southeastern United States ◽  
Returns To Scale ◽  
Small Sample ◽  
Stochastic Production Frontier ◽  
Production Frontier ◽  
Scope Economies ◽  
Simulation Techniques ◽  
Small Sample Properties ◽  
Stochastic Production ◽  
Meat Goat

AbstractMeat goat enterprise efficiency was estimated using an input distance function (IDF) by applying stochastic production frontier techniques for the southeastern U.S. region. We found increasing returns to scale and scope economies for southeastern U.S. meat goat enterprises. Mean technical efficiency was 0.81. Our results suggest southeastern U.S. meat goat enterprises can be scale efficient if their size of operation is >~60 goats or >40 breeding does. Cost and IDF analyses show input expenses decreased substantially with increasing scale of operations in southeastern U.S. meat goat production. Empirical Monte Carlo simulation techniques show consistency of small-sample properties for the IDF.

scholarly journals The Economics and Productivity of Organic versus Conventional U.S. Dairy Farms

2021 ◽  
pp. 1-19
Author(s):  
Richard F. Nehring ◽  
Jeffrey Gillespie ◽  
Catherine Greene ◽  
Jonathan Law
Keyword(s):  
United States ◽  
Returns To Scale ◽  
Dairy Farms ◽  
Stochastic Production Frontier ◽  
Production Frontier ◽  
Return On Assets ◽  
Input Distance Function ◽  
Technological Adoption ◽  
Stochastic Production ◽  
Certified Organic

Abstract United States certified organic and conventional dairy farms are compared on the basis of economic, financial, and technological measures using dairy data from the 2016 USDA Agricultural Resource Management Survey. A stochastic production frontier model using an input distance function framework is estimated for U.S. dairy farms to examine technical efficiency and returns to scale (RTS) of farms of both systems and by multiple size categories. Financial and economic measures such as net return on assets and input costs, as well as technological adoption measures are compared by system and size. For both systems, size is the major determinant of competitiveness based on selected measures of productivity and RTS.

scholarly journals TECHNICAL AND SCALE EFFICIENCIES OF U.S. GRASS-FED BEEF PRODUCTION: WHOLE-FARM AND ENTERPRISE ANALYSES

2018 ◽  
Vol 50 (3) ◽  
pp. 408-428 ◽  
Author(s):  
BERDIKUL QUSHIM ◽  
JEFFREY M. GILLESPIE ◽  
BASU DEB BHANDARI ◽  
GUILLERMO SCAGLIA
Keyword(s):  
Household Income ◽  
Regional Differences ◽  
Returns To Scale ◽  
Distance Functions ◽  
Farm Size ◽  
Farm Income ◽  
Optimal Size ◽  
Stochastic Production Frontier ◽  
Production Frontier ◽  
Stochastic Production

AbstractA stochastic production frontier approach was used to estimate input distance functions for U.S. grass-fed beef (GFB) production. Average technical efficiencies of 0.84 and 0.79 were found for U.S. GFB whole farms and enterprises, respectively. Producer education level, experience, farm size, annual net farm income from the GFB operation, annual net household income from off-farm sources, and regional differences are the efficiency drivers of U.S. GFB farms. Increasing returns to scale were found for U.S. GFB farms. Our results suggest that U.S. GFB farms can be scale efficient if the optimal size of the operation is greater than approximately 100 GFB animals.

Does a Diversified Crop Portfolio Make Farmers More Efficient? A Stochastic Production Frontier Analysis of Farm-level Data from Assam, India

2021 ◽  
pp. 097300522199758
Author(s):  
Raju Mandal ◽  
Shrabanti Maity
Keyword(s):  
Positive Impact ◽  
Northeast India ◽  
Government Support ◽  
Stochastic Production Frontier ◽  
Production Frontier ◽  
Frontier Analysis ◽  
Farm Level ◽  
Agriculture Sector ◽  
Level Data ◽  
Stochastic Production

The agriculture sector in India is beset with twin limitations of shrinking cultivable area and absence of major technological breakthroughs in the recent past. In such a situation, a judicious management of the farm in the form of adjustment in a crop portfolio can be quite useful to maximise output and minimise wastage of resources. This article seeks to examine whether a diversified crop portfolio makes the farmers more efficient using farm-level survey data collected from geographically diverse areas of Assam, a state in northeast India. The results of a stochastic production frontier analysis show that adoption of a diversified crop portfolio across crops and seasons makes the farmers more efficient in cultivation by helping them reduce weather-induced damages to crops and reap better returns from farming. This efficiency-enhancing effect of crop diversification is found to be heterogeneous among the regions. However, too much diversification reduces the efficiency of farmers. The results have important implications for Assam where floods cause extensive damage to crops every year. Moreover, access to extension services and government support are found to make the farmers more efficient. On the other hand, fixed-rent form of tenancy reduces efficiency of the farmers while household size has a positive impact on the same.

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