Measuring managerial efficiency: the case of commercial greenhouse growers Reportar como inadecuado




Measuring managerial efficiency: the case of commercial greenhouse growers - Descarga este documento en PDF. Documentación en PDF para descargar gratis. Disponible también para leer online.

Recently the managerial decision making process has been given new attention, both in theoretical studies as well as inempirical research explaining differences in farm results. However, while critical to explaining efficiency, managerial abilityhas been difficult to measure and therefore often ignored. This study attempts to measure managerial ability. It divides thedecision making process into four steps: goal formulation, planning, monitoring and evaluation. The quality of each step ismeasured in a panel of 26 specialised flower producers. The impact of decision making on the firms' efficiencies is measuredby means of a stochastic frontier production function. A one-step procedure is used in which technical and decision makingparameters are jointly estimated. The results show positive associations between firm efficiency and the quality of decisionmaking (especially monitoring and firm evaluation), indicating that this procedure has been potentially successful and is amove towards successfully measuring a critical input.

Keywords: Decision making process ; Efficiency ; Horticulture

Subject(s): Farm Management

Production Economics

Issue Date: 2002-08

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/177759 Published in: Agricultural Economics: The Journal of the International Association of Agricultural Economists, Volume 27, Issue 2 Page range: 175-181

Total Pages: 8

JEL Codes: Q12

Record appears in: International Association of Agricultural Economists (IAAE) > Agricultural Economics: The Journal of the International Association of Agricultural Economists





Autor: Trip, G. ; Thijssen, G.J. ; Renkema, J.A. ; Huirne, R.B.M.

Fuente: http://ageconsearch.umn.edu/record/177759?ln=en







Documentos relacionados