An econometric model of technical efficiency effects in a stochastic frontier production function for agricultural land consolidation in the Republic of Moldova
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2024-03-12 15:25
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CIMPOIEŞ, Dragoş, RACUL, Anatol. An econometric model of technical efficiency effects in a stochastic frontier production function for agricultural land consolidation in the Republic of Moldova. In: Contabilitate : Lucrări ştiinţifice, 26 mai 2010, Chișinău. Chişinău Republica Moldova: Universitatea Agrară de Stat din Moldova, 2010, Vol.27, pp. 161-165. ISBN 978-997564-196-8 .
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Dublin Core
Contabilitate
Vol.27, 2010
Simpozionul "Realizări şi perspective în gestionarea eficientă a resurselor economice din zona rurală"
Chișinău, Moldova, 26 mai 2010

An econometric model of technical efficiency effects in a stochastic frontier production function for agricultural land consolidation in the Republic of Moldova


Pag. 161-165

Cimpoieş Dragoş, Racul Anatol
 
State Agrarian University of Moldova
 
 
Disponibil în IBN: 31 mai 2020


Rezumat

Economical efficiency reveals the quality of economical processes in agricultural unities to produce positive financial effects with a minimum effort. In cereal production the efficiency is influenced by a number of factors, which act together and between them there is interdependence. We have used the stochastic frontier analysis for calculating the economical efficiency of producing the cereal cultures in  the Republic of Moldova. Methodologically speaking, it is important to compare the traditional indicators used to evaluate the efficiency in agriculture (profitableness, unitary cost of production) with the parameters that result from the stochastic frontier analysis. Considering the market economy, the main objective of the economic agents is to use with a maximum of efficiency the factors they have for raising income and profit. The suggested method of evaluation the efficiency of cereal cultures allows appreciating how much each of the analyzed factors influence the size of the output indicator and how much they are linked one to each other.

Cuvinte-cheie
Economical efficiecy, Stochastic frontier, Cobb-Douglas, Regression analysis