This paper compares the technical and allocative efficiencies of collective and
individual production systems. The producers under study are members of
Honduran agrarian reform cooperatives who engage in collective and/or
individual production of maize. Debreu-Farrell technical efficiencies are
calculated relative to a stochastic production frontier. Allocative efficiencies are
obtained from an analytically derived cost frontier. Results indicate that
collective systems are slightly more efficient than individual production systems.