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  1. Studying farm insurance demand under financial constraints
    = Mezőgazdasági üzemek biztosítási keresletének vizsgálata pénzügyi korlát esetén
    Autor*in: Baráth, Lajos; Bokuševa, Raušan; Fertő, Imre
    Erschienen: August 2016
    Verlag:  Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences, Budapest

    We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms’ budget constraints. To test our hypothesis, we apply a system of... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 151 (2016,25)
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    We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms’ budget constraints. To test our hypothesis, we apply a system of simultaneous equations consisting of economic performance and insurance demand models to the case study of Hungarian cropping farms. In addition, considering that insured farms may have better access to external finance, we seek empirical evidence confirming a potential positive effect of crop insurance on the economic performance of financially constrained farms. Our study results indeed confirm the reciprocal causation hypothesis.

     
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    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155594632
    Weitere Identifier:
    hdl: 10419/190449
    Schriftenreihe: Discussion papers / Centre for Economic and Regional Studies, Hungarian Academy of Sciences ; MT-DP - 2016, 25
    Umfang: 1 Online-Ressource (circa 28 Seiten)
  2. Productivity and convergence in European agriculture
    = Termelékenység és konvergencia az EU mezőgazdaságában
    Autor*in: Baráth, Lajos; Fertő, Imre
    Erschienen: August 2016
    Verlag:  Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences, Budapest

    In the paper we investigate relative productivity levels and decompose productivity change for European agriculture between 2004 and 2013. More specifically (1) we contribute to the debate whether agricultural Total Factor Productivity (TFP) has... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 151 (2016,26)
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    In the paper we investigate relative productivity levels and decompose productivity change for European agriculture between 2004 and 2013. More specifically (1) we contribute to the debate whether agricultural Total Factor Productivity (TFP) has declined or not in the European Union (EU); (2) we compare the relative TFP level across EU member states and investigate the difference between ‘old’ member states (OMS, i.e. the EU-15) and ‘new’ member states (NMS) and (3) we test whether TFP is converging or not among member states. The empirical analysis applies the aggregate quantity framework developed in O’Donnell (2008), using country level panel data from the Economic Accounts for Agriculture for 23 EU member states. The results imply that TFP has slightly decreased in the EU over the analysed period; however there are significant differences in this respect between the OMS and NMS and across member states. Finally, our estimations support the productivity convergence hypothesis across the member states.

     
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    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155594625
    Weitere Identifier:
    hdl: 10419/190450
    Schriftenreihe: Discussion papers / Centre for Economic and Regional Studies, Hungarian Academy of Sciences ; MT-DP - 2016, 26
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  3. Technological differences, theoretically consistent frontiers and technical efficiency
    a random parameter application in the Hungarian crop producing farms = Technológia különbségek, elméleti konzisztencia és technikai hatékonyság : a magyar növénytermesztő üzemek vizsgálata random paraméter modellel
    Autor*in: Baráth, Lajos; Hockmann, Heinrich
    Erschienen: December 2016
    Verlag:  Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences, Budapest

    Existing studies of agricultural production largely neglect technology heterogeneity. However, the assumption of homogeneous production may result in inadequate policy implications. There is a growing literature on this issue. In this paper we... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 151 (2016,36)
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    Existing studies of agricultural production largely neglect technology heterogeneity. However, the assumption of homogeneous production may result in inadequate policy implications. There is a growing literature on this issue. In this paper we contribute to this literature by modelling the effect of heterogeneous technologies and its impact on technological parameters and technical efficiency using a reformulated Random parameter Model. Our approach is based on the model developed by Alvarez et al. (2004). However, the original version of this model faces one crucial econometric problem: the assumption of independence of technical inefficiency and input variables does not, hence the estimated results are not necessarily consistent. Therefore we reformulate the model to allow for a more consistent estimation. Additionally, we examine the importance of the fulfilment of theoretical consistency: monotonicity and quasi-concavity. In order to fulfil these criteria we apply constrained maximum likelihood estimation, more specifically we build linear and non-linear constraints into the model and force it to yield theoretically consistent results, not only in the mean but also in different approximation points. For the empirical analysis we use farm level data from the Hungarian FADN Database. The results showed that considering technological differences is important. According to model selection criteria the modified Alvarez model with constraints was the preferred specification. Additionally, the results imply that the consideration of the effect of heterogeneous technologies on production potential and efficiency crucial in order to get adequate policy implication.

     
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    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155594779
    Weitere Identifier:
    hdl: 10419/190460
    Schriftenreihe: Discussion papers / Centre for Economic and Regional Studies, Hungarian Academy of Sciences ; MT-DP - 2016, 36
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
    Bemerkung(en):

    Datei gelöscht auf Wunsch der Autoren
  4. Heterogenitás és technikai hatékonyság
    a magyar specializált szántóföldi növénytermesztő üzemek esete
    Autor*in: Baráth, Lajos; Fertő, Imre
    Erschienen: 2012
    Verlag:  Institute of Economics, Hungarian Academy of Sciences, Budapest

    The aim of this article is to analyse the technical efficiency of Hungarian crop farms between 2001 and 2009 using panel data. We employ both standard stochastic frontier analysis and latent class model (LCM) to estimate technical efficiency. Our... mehr

    Standort:
    Staats- und Universitätsbibliothek Bremen
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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 151 (2012,30)
    Fernleihe:
    keine Fernleihe

     

    The aim of this article is to analyse the technical efficiency of Hungarian crop farms between 2001 and 2009 using panel data. We employ both standard stochastic frontier analysis and latent class model (LCM) to estimate technical efficiency. Our results suggest that technological heterogeneity plays important role in crop sector which traditionally is assumed by homogeneous technology. The comparison of standard SFA models assuming that the technology is common to all farms and LCM estimates highlights that the efficiency of crop farms may be underestimated using traditional SFA models. -- heterogeneity ; latent class models ; crop farms

     
    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Ungarisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9786155243332
    Weitere Identifier:
    hdl: 10419/108268
    Schriftenreihe: Discussion papers / Institute of Economics Hungarian Academy of Sciences ; 2012/30
    Schlagworte: Technische Effizienz; Multivariate Analyse; Pflanzenbau; Ungarn
    Umfang: Online-Ressource (PDF-Datei: 27 S., 375,34 KB), graph. Darst.
    Bemerkung(en):

    Zsfassung in ungar. Sprache