Measurement of Agriculture Efficiency in OECD Countries: Dynamic Data Envelopment Analysis

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This paper aims to measure agricultural efficiency levels of OECD countries using Dynamic Data Envelopment Analysis (DDEA) over the 1966-2007 period. The DDEA pays attention to inter-temporal input output dependency and allows the modeling of inter-temporal behaviors of the economic decision-making units for a given period. The findings of this study show that the most efficient countries in the agricultural sector are Italy, Belgium-Luxemburg, Holland and New Zealand. It is also seen that the main source of inefficiency in the agricultural sector is dynamic inefficiency for 25 of the 29 OECD countries over the study period. Dynamic inefficiency indicates that the countries are unsuccessful in their inter-temporal decision-making processes or that quasi-fixed inputs are not used in their optimal levels.

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Efficiency , Dynamic Data Envelopment Analysis , Agriculture , OECD Countries

Ege Academic Review (EAR)

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Ege Academic Review (EAR)