How Can Overinvestment in Farms Affect Their Technical Efficiency? A Case Study from Poland

cris.virtual.author-orcid0000-0001-6386-7857
cris.virtual.author-orcid0000-0002-8236-1007
cris.virtual.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.author-orcid09c968f3-6efb-441d-a2cd-290ae72d88fd
cris.virtualsource.author-orcidc1cd59ae-7c44-45ed-872c-9e41f16d31a3
cris.virtualsource.author-orcid5d5372a2-648c-4e65-be59-5c773f96f010
dc.abstract.enFarm overinvestment is highly dangerous in how it affects productivity and profitability. Therefore, it imperatively needs to be measured in the context of investment support offered under the Common Agricultural Policy. In turn, technical efficiency is one of the best methods for measuring farm investment. This paper analyzes the technical efficiency of 3273 Polish farms based on unpublished FADN (Farm Accountancy Data Network) data from 2010–2019. The purpose of this study was to indicate the level of, and changes in, technical efficiency of Polish farms in function of their investment levels, with particular emphasis on overinvested holdings. Technical efficiency was examined using stochastic frontier analysis (SFA). The study proved a decline in technical efficiency in underinvested farms and in those affected by absolute overinvestment (i.e., ones where the assets-to-labor ratio grows while labor productivity drops).
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Ekonomii i Polityki Gospodarczej w Agrobiznesie
dc.contributor.authorZmyślona, Jagoda
dc.contributor.authorSadowski, Arkadiusz
dc.contributor.authorPawłowski, Krzysztof Piotr
dc.date.access2025-01-21
dc.date.accessioned2025-01-21T12:14:52Z
dc.date.available2025-01-21T12:14:52Z
dc.date.copyright2024-10-13
dc.date.issued2024
dc.description.bibliographyil., bibliogr.
dc.description.financeother
dc.description.financecost12195,10
dc.description.if3,3
dc.description.number10
dc.description.points100
dc.description.versionfinal_published
dc.description.volume14
dc.identifier.doi10.3390/ agriculture14101799
dc.identifier.issn2077-0472
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/2394
dc.identifier.weblinkhttps://www.mdpi.com/2077-0472/14/10/1799
dc.languageen
dc.pbn.affiliationeconomics and finance
dc.relation.ispartofAgriculture (Switzerland)
dc.relation.pagesart. 1799
dc.rightsCC-BY
dc.sciencecloudsend
dc.subject.eninvestment analysis
dc.subject.endata science
dc.subject.enfarms
dc.subject.enoverinvestment in farms
dc.subject.entechnical efficiency
dc.titleHow Can Overinvestment in Farms Affect Their Technical Efficiency? A Case Study from Poland
dc.typeJournalArticle
dspace.entity.typePublication
project.funder.nameThis work was supported by the National Science Centre in Poland [grant number: 2021/41/N/HS4/00443].