An application of data envelopment analysis in a sample of dairy farms
1999
Psychoudakis, A. | Dimitriadou, E. (Aristotle Univ. of Thessaloniki (Greece))
Data Envelopment Analysis is an operational research procedure aimed at measuring the relative efficiency of production units mainly in the non-market sectors of the economy. This procedure is applied in agriculture and specifically in the dairy sector which displays the characteristics required in the empirical application of the procedure. Farm management data from 86 dairy farms are used for the application of the DEA. Each farm is taken as a Decision Management Unit (DMU) the relative efficiency of which is measured. The solution of the model demonstrates that fifty six farms are relatively efficient while indicating the necessity to reorganize the thirty remaining units to improve their efficiency.
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