The impact of dynamic technical inefficiency on investment decision of Spanish olive farms

View/Open
Document typeConference lecture
Defense date2009
Rights accessOpen Access
Abstract
This study analyzes Spanish olive sector investment decision under irreversibility and
uncertainty taking into consideration the technical efficiency as a relevant element that could impact that decision by integrating the Real Option Approach (ROA) and a dynamic Stochastic Frontier Model (SFM) estimation.
CitationLambarraa, F.; Spiro, S.; Gil, J. The impact of dynamic technical inefficiency on investment decision of Spanish olive farms. A: Seminario de la Asociación Europea de Economistas Agrarios. "113th Seminario de la Asociación Europea de Economistas Agrarios: A resilient European food industry and food chain in a changing world". Chania: 2009, p. 1-17.
Files | Description | Size | Format | View |
---|---|---|---|---|
Lambarraa-Stefanou-Gil.pdf | 180,3Kb | View/Open |
Except where otherwise noted, content on this work
is licensed under a Creative Commons license
:
Attribution-NonCommercial-NoDerivs 3.0 Spain