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文章基本信息

  • 标题:Uncertainty and Technical Efficiency in Finnish Agriculture: A State-contingent Approach
  • 本地全文:下载
  • 作者:Nauges, Celine ; O'Donnell, Christopher ; Quiggin, John
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2010
  • 卷号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:In this article, we present one of the first real-world empirical applications of state-contingent production theory. Our state-contingent behavioral model allows us to analyze production under both inefficiency and uncertainty without regard to the nature of producer risk preferences. Using farm data for Finland, we estimate a flexible production model that permits substitutability between state-contingent outputs. We test empirically, and reject, an assumption that has been implicit in almost all efficiency studies conducted in the last three decades, namely that the production technology is output-cubical, i.e., that outputs are not substitutable between states of nature.
  • 关键词:state-contingent;production;uncertainty
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