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2017 | 9 | nr 3 | 243-273
Tytuł artykułu

The Effect of CAP Subsidies on the Technical Efficiency of Polish Dairy Farms

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The main aim of this paper is to analyse the effect of Common Agricultural Policy (CAP) subsidies on technical efficiency of Polish dairy farms. We have distinguished several types of subsidies and provided an analysis to find out which types are most likely to engender systematic differences in technical efficiency. A balanced panel of microeconomic data on Polish dairy farms over an eight-year period (between 2004 and 2011), taken from the Farm Accountancy Data Network (FADN), is used. The translog production function is estimated by employing the Bayesian approach. The empirical results show that the elasticity of production with respect to livestock is the highest, whereas with respect to feed is the lowest. The mean technical efficiency in the covered period is 83%. The research reveals the negative effect of subsidies on technical efficiency. (original abstract)
Rocznik
Tom
9
Numer
Strony
243-273
Opis fizyczny
Twórcy
autor
  • Cracow University of Economics
  • University of Agriculture in Kraków
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