The Effect of Investment, LFA and Agri‐environmental Subsidies on the Components of Total Factor Productivity: The Case of Slovenian Farms
The effect of subsidies on the performance of farms has received a great deal of attention in the literature, although results are inconclusive. Furthermore, much of the related literature examines the effect of subsidies only on technical efficiency (TE). We examine the effect of different types of...
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| Veröffentlicht in: | Journal of agricultural economics 2020-09, Vol.71 (3), p.853-876 |
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| container_title | Journal of agricultural economics |
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| creator | Baráth, Lajos Fertő, Imre Bojnec, Štefan |
| description | The effect of subsidies on the performance of farms has received a great deal of attention in the literature, although results are inconclusive. Furthermore, much of the related literature examines the effect of subsidies only on technical efficiency (TE). We examine the effect of different types of subsidies on the different components of total factor productivity (TFP) in Slovenian agriculture over the period 2006–2013. We first estimate a Random Parameter Stochastic production frontier model. Then, based on the estimates of this model, we calculate and decompose the TFP index into TE, scale efficiency and technological change. Third, we apply combined difference‐in‐difference and a matching estimator to examine the effect of investment, less favoured area (LFA) and agri‐environmental (AE) subsidies on the different components of TFP. In our case, these subsidies are found to have no significant effect on either TFP or on its components. |
| doi_str_mv | 10.1111/1477-9552.12374 |
| format | Article |
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In our case, these subsidies are found to have no significant effect on either TFP or on its components.</description><subject>Agricultural production</subject><subject>Components</subject><subject>difference‐in difference</subject><subject>effect of subsidies</subject><subject>Farms</subject><subject>heterogeneity</subject><subject>Investment</subject><subject>Parameter estimation</subject><subject>Productivity</subject><subject>Scale efficiency</subject><subject>Slovenian agriculture</subject><subject>Stochasticity</subject><subject>Subsidies</subject><subject>technical efficiency</subject><subject>Technological change</subject><subject>TFP decomposition</subject><subject>total factor productivity</subject><issn>0021-857X</issn><issn>1477-9552</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2020</creationdate><recordtype>article</recordtype><recordid>eNqFkLFOwzAQhi0EEqUws1piJW3sOHHCVlVtKaoEUovEZrmJDa5au9hJUDcegIFn5EmwCWLlFuvuvv8_-QfgEsUD5GuICKVRkaZ4gHBCyRHo_U2OQS-OMYrylD6dgjPnNqFFKe6Bj9WLgBMpRVlDI-Fct8LVO6Hra7iYjiDXFRw9W_X1_il0q6zRYce3cNmsnaqUcNBoWHuPsdntjfZLF3xWJkBTXtbGwgdrqqasVavqww0MB8fciYAtt6YVWnHtUbtz5-BE8q0TF79vHzxOJ6vxbbS4n83Ho0VUJqQgESFFjFCWC8ol5nKdJDHnlOcypxzjUhRlnMk8FUlCEfFcWSFZYcnXMc0RpSTpg6vOd2_Na-M_zDamsdqfZJgkhKAiQ5mnhh1VWuOcFZLtrdpxe2AoZiFyFgJmIWD2E7lXZJ3iTW3F4T-c3Y1mk074DQjjhHM</recordid><startdate>202009</startdate><enddate>202009</enddate><creator>Baráth, Lajos</creator><creator>Fertő, Imre</creator><creator>Bojnec, Štefan</creator><general>Wiley Subscription Services, Inc</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>8BJ</scope><scope>C1K</scope><scope>FQK</scope><scope>JBE</scope><scope>SOI</scope><orcidid>https://orcid.org/0000-0002-7137-2376</orcidid></search><sort><creationdate>202009</creationdate><title>The Effect of Investment, LFA and Agri‐environmental Subsidies on the Components of Total Factor Productivity: The Case of Slovenian Farms</title><author>Baráth, Lajos ; Fertő, Imre ; Bojnec, Štefan</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3494-44901168e7af2afb330aa7a8f87a22ce9c06f85e33714168cd1fd2fab07817743</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2020</creationdate><topic>Agricultural production</topic><topic>Components</topic><topic>difference‐in difference</topic><topic>effect of subsidies</topic><topic>Farms</topic><topic>heterogeneity</topic><topic>Investment</topic><topic>Parameter estimation</topic><topic>Productivity</topic><topic>Scale efficiency</topic><topic>Slovenian agriculture</topic><topic>Stochasticity</topic><topic>Subsidies</topic><topic>technical efficiency</topic><topic>Technological change</topic><topic>TFP decomposition</topic><topic>total factor productivity</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Baráth, Lajos</creatorcontrib><creatorcontrib>Fertő, Imre</creatorcontrib><creatorcontrib>Bojnec, Štefan</creatorcontrib><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Environmental Sciences and Pollution Management</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><jtitle>Journal of agricultural economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Baráth, Lajos</au><au>Fertő, Imre</au><au>Bojnec, Štefan</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The Effect of Investment, LFA and Agri‐environmental Subsidies on the Components of Total Factor Productivity: The Case of Slovenian Farms</atitle><jtitle>Journal of agricultural economics</jtitle><date>2020-09</date><risdate>2020</risdate><volume>71</volume><issue>3</issue><spage>853</spage><epage>876</epage><pages>853-876</pages><issn>0021-857X</issn><eissn>1477-9552</eissn><abstract>The effect of subsidies on the performance of farms has received a great deal of attention in the literature, although results are inconclusive. 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| ispartof | Journal of agricultural economics, 2020-09, Vol.71 (3), p.853-876 |
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| language | eng |
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| subjects | Agricultural production Components difference‐in difference effect of subsidies Farms heterogeneity Investment Parameter estimation Productivity Scale efficiency Slovenian agriculture Stochasticity Subsidies technical efficiency Technological change TFP decomposition total factor productivity |
| title | The Effect of Investment, LFA and Agri‐environmental Subsidies on the Components of Total Factor Productivity: The Case of Slovenian Farms |
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