The influence of management accounting use on farm inefficiency

This paper aims to estimate a translog stochastic frontier production function with panel data of 147 mixed Catalan farms in a five-year period. The mean output efficiency in the period analysed was estimated to be 62.3%. We added management variables to the traditional factors explaining farm efficiency, and found that fully integrated management based on reliable accounting information and comprising planning and control phases reveals to be a significant factor positively affecting farm efficiency. Farm efficiency levels were also found to be positively influenced by farm size, while rented and irrigated area influence negatively farm efficiency levels.


Subject(s):
Issue Date:
2004-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/26408
Published in:
Agricultural Economics Review, Volume 05, Issue 2
Page range:
47-66
Total Pages:
20




 Record created 2017-04-01, last modified 2017-08-24

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)