Framework for assessing efficiency of farms and agrarian organizations (original) (raw)

Ssrn Electronic Journal, 2012

Abstract

Broadly applied traditional frameworks for assessing efficiency of economic organizations in agriculture are (only) based on the “technical efficiency” of the factors of production and the “productivity of employed resources”. They compare the levels of efficiency of farms of different types, sectors, and countries without taking into account the transaction costs and the specific economic, institutional and natural environment of

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