Dynamic profit inefficiency: a DEA application to Belgian dairy farms
Oude Lansink, Alfons
distance function, dynamic efficiency, dairy sector, Livestock Production/Industries, Productivity Analysis, | distance function, dynamic efficiency, dairy sector, Agribusiness, Farm Management, D22, D24, D92, Q12,
Using a nonparametric framework, we analyze dynamic profit inefficiency for a sample of Belgian, specialized dairy farms from 1996–2008. Profit inefficiency is decomposed into contributions of output, input, and investment. Moreover, we identify the contributions of tec...