Efficiency analysis of Italian wine producers
An analysis of the efficiency of wine and grapevine producers in Italy was performed. Data for 2005 and 2010 from the Farm Accountancy Data Network were used; this network records the balance sheets of a representative sample of farms. The data were analyzed using data envelopment analysis, which is...
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| Format: | Article |
| Language: | English |
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Firenze University Press
2018-06-01
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| Series: | Wine Economics and Policy |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2212977417300492 |
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| _version_ | 1849251222201040896 |
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| author | Arturo Urso Giuseppe Timpanaro Francesco Caracciolo Luigi Cembalo |
| author_facet | Arturo Urso Giuseppe Timpanaro Francesco Caracciolo Luigi Cembalo |
| author_sort | Arturo Urso |
| collection | DOAJ |
| description | An analysis of the efficiency of wine and grapevine producers in Italy was performed. Data for 2005 and 2010 from the Farm Accountancy Data Network were used; this network records the balance sheets of a representative sample of farms. The data were analyzed using data envelopment analysis, which is a method for estimating the comparative efficiency of a group of farms. We investigated the determinants of the estimated levels of efficiency through an econometric model, aiming to understand which farm and area characteristics affect the differences in efficiency levels. The results indicate that between 2005 and 2010, a reduction in grape prices led to an increase in the efficiency of companies producing wine compared with a significant reduction among companies that are dedicated exclusively to the production of grapes. Keywords: Data envelopment analysis, Tobit model, Italian wine and grapevine production |
| format | Article |
| id | doaj-art-a86c4b1913ec4740bc6538ce8d2181c7 |
| institution | Kabale University |
| issn | 2212-9774 |
| language | English |
| publishDate | 2018-06-01 |
| publisher | Firenze University Press |
| record_format | Article |
| series | Wine Economics and Policy |
| spelling | doaj-art-a86c4b1913ec4740bc6538ce8d2181c72025-08-20T03:57:00ZengFirenze University PressWine Economics and Policy2212-97742018-06-017131210.1016/j.wep.2017.11.003Efficiency analysis of Italian wine producersArturo Urso0Giuseppe Timpanaro1Francesco Caracciolo2Luigi Cembalo3Department of Agri-food and Environmental Systems Management, University of Catania, ItalyDepartment of Agri-food and Environmental Systems Management, University of Catania, ItalyDepartment of Agricultural Sciences, Agricultural Economics and Policy Group, University of Naples Federico II, Via Università 96, Portici (Napoli) 80055, ItalyDepartment of Agricultural Sciences, Agricultural Economics and Policy Group, University of Naples Federico II, Via Università 96, Portici (Napoli) 80055, Italy; Corresponding author.An analysis of the efficiency of wine and grapevine producers in Italy was performed. Data for 2005 and 2010 from the Farm Accountancy Data Network were used; this network records the balance sheets of a representative sample of farms. The data were analyzed using data envelopment analysis, which is a method for estimating the comparative efficiency of a group of farms. We investigated the determinants of the estimated levels of efficiency through an econometric model, aiming to understand which farm and area characteristics affect the differences in efficiency levels. The results indicate that between 2005 and 2010, a reduction in grape prices led to an increase in the efficiency of companies producing wine compared with a significant reduction among companies that are dedicated exclusively to the production of grapes. Keywords: Data envelopment analysis, Tobit model, Italian wine and grapevine productionhttp://www.sciencedirect.com/science/article/pii/S2212977417300492 |
| spellingShingle | Arturo Urso Giuseppe Timpanaro Francesco Caracciolo Luigi Cembalo Efficiency analysis of Italian wine producers Wine Economics and Policy |
| title | Efficiency analysis of Italian wine producers |
| title_full | Efficiency analysis of Italian wine producers |
| title_fullStr | Efficiency analysis of Italian wine producers |
| title_full_unstemmed | Efficiency analysis of Italian wine producers |
| title_short | Efficiency analysis of Italian wine producers |
| title_sort | efficiency analysis of italian wine producers |
| url | http://www.sciencedirect.com/science/article/pii/S2212977417300492 |
| work_keys_str_mv | AT arturourso efficiencyanalysisofitalianwineproducers AT giuseppetimpanaro efficiencyanalysisofitalianwineproducers AT francescocaracciolo efficiencyanalysisofitalianwineproducers AT luigicembalo efficiencyanalysisofitalianwineproducers |