A Nonparametric Efficiency Analysis of California Cotton Ginning Cooperatives

Autor:	Michael R. Caputo, Lori Lynch
Jazyk:	angličtina
Rok vydání:	1993
Předmět:	cooperatives cotton ginning efficiency analysis nonparametric statistics Agriculture
Zdroj:	Journal of Agricultural and Resource Economics, Vol 18, Iss 2, Pp 251-265 (1993)
Druh dokumentu:	article
ISSN:	1068-5502 2327-8285
DOI:	10.22004/ag.econ.30966
Popis:	In the spirit of Leamer's commitment to sensitivity analysis, we employ Farrell's nonparametric efficiency methodology and compare our results with those of Sexton, Wilson, and Wann. Testing the implicit assumption of technical efficiency in the methodology employed by Sexton, Wilson, and Wann, we find that the lack of technical efficiency is the cotton gins' main cause of overall inefficiency. We extend the nonparametric methodology by subjecting the shadow prices of technical efficiency to nonparametric statistical tests to draw stronger conclusions. In addition, the nonparametric methodology permits us to make gin-specific recommendations to improve the performance of the gins.
Databáze:	Directory of Open Access Journals
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