Subsidies and farms' technical efficiency

Pechrová, Marie

Subsidies and farms' technical efficiency / Marie Pechrová, Tomáš Hlavsa, Martin Hruška. -- 2 tabulky. -- Abstrakt: The aim of the paper is to assess the influence of subsidies to farms in mountainous areas under Common Agricultural Policy of the EU on their technical efficiency. Parametric Stochastic Frontier Analysis is used to estimate production function of farms in Cobb-Douglas form. “True” Fixed Effects model for panel data assumed truncatednormal distribution of the inefficiency term. The subsidies per hectare (SAPS, Top-Up and LFA for mountains areas) were included into variance of inefficiency function in order to assess the direction of their influence. Average efficiency during 2008–2012 amounted to 81.16% suggesting that there is still space for improvement of farm management. All subsidies had undesirable impact as they increased the variance of inefficiency. Also the correlation between LFA subsidies and efficiency was negative. -- Dostupné též v elektronické podobě.
In: Hradecké ekonomické dny. -- Hradec Economic Days. -- 411 s.. -- Hradec Králové: University of Hradec Králové, 2016. -- ISSN 2464-6059. -- 978-80-7435-634-6. -- S. 346-352 (tištěný sborník), s. 801-807 (online zdroj).
I. Hlavsa, Tomáš II. Hruška, Martin, 1983-


farmy - Česko * zemědělské podniky - Česko * dotace - Česko * ekonomická efektivnost - Česko * ekonomická analýza - Česko - 2008-2012 * články ze sborníku