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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Main Authors: Arturo Urso, Giuseppe Timpanaro, Francesco Caracciolo, Luigi Cembalo
Format: Article
Language:English
Published: Firenze University Press 2018-06-01
Series:Wine Economics and Policy
Online Access:http://www.sciencedirect.com/science/article/pii/S2212977417300492
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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
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institution Kabale University
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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