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Descripción
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| In this work the effects of large- and short-term debts on efficiency are tested on a set of agricultural firms. Accounting data of crop, livestock, mixed and service firms are used. First, the efficiencies of the farms are obtained by using nonparametric methods (input-oriented DEA). Then, in a second stage, censored regressions are run with different kinds of explicative variables, including financial ratios. The results show a significative and positive relationship between short-term indebtedness and efficiency, which would be agree with some theories positing that firms with higher short-run obligations make additional efforts to satisfy their payments, and this leads to an improvement of efficiency. | |
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Internacional
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Si |
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Nombre congreso
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I Mediterranean Conference of Agro-food social scientists |
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Tipo de participación
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960 |
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Lugar del congreso
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Barcelona |
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Revisores
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No |
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ISBN o ISSN
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DOI
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Fecha inicio congreso
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23/04/2007 |
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Fecha fin congreso
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25/04/2007 |
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Título de las actas
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