ASSESSING ALLOCATIVE AND ECONOMIC EFFICIENCY OF FARM AT REGIONAL LEVEL
The present paper aims to assess the allocative and economic efficiency at Romanian regional agriculture level for a certain level of input prices, by Data Envelopment Analysis approach. We utilize in our research the following FADN data from 2007 and 2013: inputs – labor (AWU- annual working unit),...
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| Format: | Article |
| Language: | English |
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University of Agricultural Sciences and Veterinary Medicine, Bucharest
2016-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.16_4/Art48.pdf |
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| Summary: | The present paper aims to assess the allocative and economic efficiency at Romanian regional agriculture level for a certain level of input prices, by Data Envelopment Analysis approach. We utilize in our research the following FADN data from 2007 and 2013: inputs – labor (AWU- annual working unit), land (UAA-utilized agricultural area) and capital (euro – average farm capital); outputs – total output (euro) and farm net income (euro); input prices (rent paid, wages paid and depreciation). The main results of our research revealed for 2007-2013 period an increase in economic efficiency, but also indicate the allocative inefficiency (inefficient mix of inputs) us major cause for not reaching optimum levels in 2013 despite the improvement in technical efficiency (an increase in farm volume activities). |
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| ISSN: | 2284-7995 2285-3952 |