ISSN 2284-7995, ISSN Online 2285-3952
 

TECHNICAL EFFICIENCY DETERMINANTS OF OECD COUNTRIES’ AGRICULTURAL PRODUCTION - A STOCHASTIC FRONTIER ANALYSIS APPROACH

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 22 ISSUE 3
Written by Saeid HAJIHASSANIASL

The purpose of this study is to analyze the efficiency in OECD countries’ agricultural sector and also to examine some selected factors that affecting the efficiency of production in this sector. For this aim, using Stochastic Frontier Analysis (SFA) during the period 2015-2019, the agricultural producers’ technical efficiency in all 38 OECD member countries was evaluated. However, some factors affecting efficacy in these countries were also examined. According to the study’s results, the average technical efficiency value in the agricultural sector of OECD countries in the 2015-2019 period was 78.6%. The countries with the lowest and highest average technical efficiency were Luxembourg and Colombia, respectively. On the other hand, as a result of the examination of the factors affecting the efficiency in these countries, it was revealed that the Global Innovation Index variable did not affect the efficiency of agricultural producers, but the reel exchange rate and agricultural pesticide use variables positively affected the efficiency.

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HAJIHASSANIASL S. 2022, TECHNICAL EFFICIENCY DETERMINANTS OF OECD COUNTRIES’ AGRICULTURAL PRODUCTION - A STOCHASTIC FRONTIER ANALYSIS APPROACH . Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 22 ISSUE 3, PRINT ISSN 2284-7995, 279-288.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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