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The effect of investment, LFA and agri-environmental subsidies on the components of total factor productivity [Elektronski vir] : the case of Slovenian farmsBaráth, Lajos, ekonomist ; Fertő, Imre ; Bojnec, ŠtefanThe effect of subsidies on the performance of farms has received a great deal ofattention in the literature, although results are inconclusive. Furthermore, much ofthe related literature examines the ... effect of subsidies only on technical efficiency(TE). We examine the effect of different types of subsidies on the different compo-nents of total factor productivity (TFP) in Slovenian agriculture over the period2006%2013. We first estimate a Random Parameter Stochastic production frontiermodel. Then, based on the estimates of this model, we calculate and decompose theTFP index into TE, scale efficiency and technological change. Third, we applycombined difference-in-difference and a matching estimator to examine the effectof investment, less favoured area (LFA) and agri-environmental (AE) subsidieson the different components of TFP. In our case, these subsidies are found to haveno significant effect on either TFP or on its componentsSource: Journal of agricultural economics [Elektronski vir]. - ISSN 1477-9552 (no. 3, Vol. 71, 2020, str. 853-876)Type of material - e-article ; adult, seriousPublish date - 2020Language - englishCOBISS.SI-ID - 13636099
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Baráth, Lajos, ekonomist | ![]() |
Fertő, Imre | ![]() |
Bojnec, Štefan | 05677 |
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