Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 536911
Title Decomposing dynamic profit inefficiency of Belgian dairy farms
Author(s) Ang, Frederic; Lansink, Alfons Oude
Source European Review of Agricultural Economics 45 (2018)1. - ISSN 0165-1587 - p. 81 - 99.
Department(s) Business Economics
Publication type Refereed Article in a scientific journal
Publication year 2018
Keyword(s) Dairy sector - Distance function - Dynamic efficiency
Abstract This paper introduces a nonparametric framework for analysing dynamic profit inefficiency and applies this to a sample of Belgian, specialised dairy farms from 1996 to 2008. Profit inefficiency is decomposed into technical and allocative inefficiency. The paper also decomposes profit inefficiency into the contributions of output, input, and investment. Finally, the paper identifies the contributions of technical and allocative inefficiency in output, input and investment. The results suggest substantial profit inefficiency under the dairy-quota system, mainly driven by allocative inefficiency of variable input use and output production.
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