Efficiency and Economic Performance: An Application of the MIMIC Model

Using measures of allocative, technical, and overall efficiency as indicators of a latent "performance" variable, and a set of farm operating ratios as indicators of the amount of effort to improve the quality of feeding, breeding, and labor productivity, we employ a multiple-indicator, mu...

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Bibliographic Details
Main Authors: Timothy J. Richards, Scott R. Jeffrey
Format: Article
Language:English
Published: Western Agricultural Economics Association 2000-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30826