Farm-level efficiency and productivity measurement using panel data: wool production in south-west Victoria Fraser, Iain and Hone, Phillip 2001, Farm-level efficiency and productivity measurement using panel data: wool production in south-west Victoria, Australian journal of agricultural and resource economics, vol. 45, no. 2, pp. 215-232, doi: 10.1111/1467-8489.00140. Attached Files Name Description MIMEType Size Downloads Title Farm-level efficiency and productivity measurement using panel data: wool production in south-west Victoria Author(s) Fraser, Iain Hone, Phillip Journal name Australian journal of agricultural and resource economics Volume number 45 Issue number 2 Start page 215 End page 232 Publisher Blackwell Publishers Ltd Place of publication Oxford, England Publication date 2001-06 ISSN 1364-985X 1467-8489 Summary In this article we explore some issues surrounding the use of farm-level efficiency and productivity estimates for benchmarking studies. Using an eight-year balanced panel of Victorian wool producers we analyse annual variation between estimates of farm-level technical efficiency derived using Data Envelopment Analysis and Malmquist estimates of Total Factor Productivity. We find that farms change their relative rank in terms of efficiency across years. Also, unlike aggregate studies of Total Factor Productivity, we find at best erratic and modest growth, a worrying result for this industry. However, caution is needed when interpreting these results, and for that matter, benchmarking analysis as currently practised when using frontier estimation techniques like Data Envelopment Analysis. Notes Published Online: Dec 18 2002 Language eng DOI 10.1111/1467-8489.00140 Field of Research 140205 Environment and Resource Economics HERDC Research category C1 Refereed article in a scholarly journal Copyright notice ©2001, Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishers Ltd Persistent URL http://hdl.handle.net/10536/DRO/DU:30006428 Document type: Journal Article Collection: School of Accounting, Economics and Finance Related Links Link Description Connected to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Sat, 16 Jun 2018, 19:53:20 EST Mon, 16 Jun 2014, 07:55:21 EST Filtered Full Citation counts:   Cited 12 times in TR Web of Science Cited 11 times in Scopus Search Google Scholar Access Statistics: 450 Abstract Views, 0 File Downloads  -  Detailed Statistics Created: Thu, 31 Jul 2008, 10:38:04 EST

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