Technical Efficiency of the Dual-Purpose Cattle System in Venezuela

A stochastic production frontier model was estimated to provide standard measurement of technical efficiency of the dual-purpose cattle system located in Zulia State, Venezuela. This system is based on local and low-cost inputs, but has been considered to be inefficient because of its low partial productivity indices when compared with those used in developed countries. Results indicate that the efficiency of this system is reasonably high, downplaying the general idea of inefficiency. Likewise, the efficiency of this system has the potential for improvement through public policies and managerial decisions based on the determinants of technical efficiency.


Issue Date:
2007-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/37058
Published in:
Journal of Agricultural and Applied Economics, Volume 39, Number 3
Page range:
719-733
Total Pages:
14
JEL Codes:
D24; Q12




 Record created 2017-04-01, last modified 2018-01-22

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