Total factor productivity and its components for sheep and goat farms in 37 Southern European regions (2004-2012)

• Cristina Hidalgo González ^[1] ; Mª Pilar Rodríguez Fernández ^[1]
  1. [1] Universidad de León

     Universidad de León

     León, España

     
• Localización: Economía agraria y recursos naturales, ISSN-e 2174-7350, ISSN 1578-0732, Vol. 17, Nº. 2, 2017, págs. 5-27
• Idioma: inglés
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• Resumen

  • The decline of Southern Europe’s traditional sheep- and goat-farming systems creates a need for studies on the economic determinants that underlie their production processes. Using data from the FADN, we built a panel of 37 regions from 5 countries over an 8-year period (2004–2012). A Cobb-Douglas was specified and a stochastic frontier production was estimated. Total Factor Productivity (TFP) and its components were calculated. The farms have had sustained, positive development of TFP since 2008, with a significant correlation with the labour factor of production. We detected moderate technical progress change, which was accompanied by decreasing efficiency.

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