Application of utility-efficient programming to determine economic efficiency of Turkish farmers in the central Anatolian region

This research generated stochastically efficient farm plans in the relevant range of risk aversion and calculated the efficiency measures for the three representative farm sizes in the central Anatolian region of Turkey. Utility-efficient programming was used to determine an efficient set of farm pl...

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Vydané v:New Zealand journal of crop and horticultural science Ročník 34; číslo 4; s. 381 - 391
Hlavní autori: Cínemre, Hüseyín Avní, Ceyhan, Vedat
Médium: Journal Article
Jazyk:English
Vydavateľské údaje: Taylor & Francis Group 01.12.2006
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ISSN:0114-0671, 1175-8783
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Abstract This research generated stochastically efficient farm plans in the relevant range of risk aversion and calculated the efficiency measures for the three representative farm sizes in the central Anatolian region of Turkey. Utility-efficient programming was used to determine an efficient set of farm plans. Research results showed that total net farm revenue increases for all farm sizes as risk aversion decreases. An economic efficiency score of 0.54 for both small and medium size farms indicated that there is considerable scope for farmers to increase their total net farm revenue using existing technology without additional inputs. Allocative and technical inefficiencies of sampled farms were 0.22 and 0.24, respectively. Thus, supplying complete technical packages for farms may stimulate the adoption of new technologies. Focusing on production practices and marketing efficiency in farmers' training and extension programmes may also help to increase economic efficiency in the research area.
AbstractList This research generated stochastically efficient farm plans in the relevant range of risk aversion and calculated the efficiency measures for the three representative farm sizes in the central Anatolian region of Turkey. Utility-efficient programming was used to determine an efficient set of farm plans. Research results showed that total net farm revenue increases for all farm sizes as risk aversion decreases. An economic efficiency score of 0.54 for both small and medium size farms indicated that there is considerable scope for farmers to increase their total net farm revenue using existing technology without additional inputs. Allocative and technical inefficiencies of sampled farms were 0.22 and 0.24, respectively. Thus, supplying complete technical packages for farms may stimulate the adoption of new technologies. Focusing on production practices and marketing efficiency in farmers' training and extension programmes may also help to increase economic efficiency in the research area.
Author Cínemre, Hüseyín Avní
Ceyhan, Vedat
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  givenname: Hüseyín Avní
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  organization: Department of Agricultural Economics, Faculty of Agriculture , University of Ondokuz Mayis
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  givenname: Vedat
  surname: Ceyhan
  fullname: Ceyhan, Vedat
  organization: Department of Agricultural Economics, Faculty of Agriculture , University of Ondokuz Mayis
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2006 Royal Society of New Zealand Te Apārangi
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Snippet This research generated stochastically efficient farm plans in the relevant range of risk aversion and calculated the efficiency measures for the three...
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wiley
informaworld
SourceType Enrichment Source
Index Database
Publisher
StartPage 381
SubjectTerms efficiency analysis
risk aversion
stochastic efficiency
utility-efficient programming
Title Application of utility-efficient programming to determine economic efficiency of Turkish farmers in the central Anatolian region
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Volume 34
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