The paper deals with an analysis of the factors determining changes in the total factor productivity (TFP) in Czech agriculture. The study focuses on three important sectors – cereals, dairy and pork – and assesses the period after the accession of the Czech Republic to the EU (2004–2011). Firstly, the multiple output distance function models were estimated. Secondly, the TFP was calculated and decomposed into scale efficiency (SE), management component (MAN), technological change (TCH) and technical efficiency (TE). The results show that the TFP development was significantly determined by the TCH in each sector.
Álvarez A., Arias C., Greene W. (2003): Fixed management and time-invariant technical efficiency in a random coefficient model. Working Paper, Department of Economics, Stern School of Business, New York University.
Álvarez A., Arias C., Greene W. (2004): Accounting for unobservables in production models: management and inefficiency. Economic Working Papers, Centro de Estudios Andaluces E2004/72, Centro de Estudios Andaluces.
Bošková I., Ratinger T. (2013): Structure, innovations and performance of the Czech dairy value chain. In: 140th EAAE Seminar Theories and empirical applications on policy and governance of agri-food value chains, Perugia, Italy, Dec 13–15, 2013.
Blazejczyk-Majka L., Kala R., Maciejewski K. (2011): Productivity and efficiency of large and small field crop farms and mixed farms of the old and new EU regions. Agricultural Economics – Czech, 58: 61–71.
Coelli T., Perelman S. (1996): Efficiency measurement, multiple-output technologies and distance functions: With application to European railways, CREPP 96/05, Université de Liége.
Curtiss J., Jelínek L. (2012): Cost efficiency and farm self-selection in precision farming: The case of Czech wheat production. In: 131th EAAE Seminar Innovation for agricultural competitiveness and sustainability of rural areas, Prague, Czech Republic, Sep 18–19, 2012.
Čechura Lukáš, Hockmann Heinrich (2010): Sources of Economical Growth in the Czech Food Processing. Prague Economic Papers, 19, 169-182 https://doi.org/10.18267/j.pep.370
Čechura L. (2012): Technical efficiency and total factor productivity in Czech agriculture. Agricultural Economics – Czech, 58: 147–156.
Davidova Sophia, Gorton Matthew, Iraizoz Belen, Ratinger Tomas (2003): Variations in Farm Performance in Transitional Economies: Evidence from the Czech Republic. Journal of Agricultural Economics, 54, 227-245 https://doi.org/10.1111/j.1477-9552.2003.tb00061.x
Diewert W.E. (1976): Exact and superlative index numbers. Journal of Econometrics, 4, 115-145 https://doi.org/10.1016/0304-4076(76)90009-9
Gebltová Z. (2012): The Czech Republic’s self-sufficiency in the case of pork and its impact on trade balance development. Agris Online Papers in Economics and Informatics, 4: 1–12.
Jondrow James, Knox Lovell C.A., Materov Ivan S., Schmidt Peter (1982): On the estimation of technical inefficiency in the stochastic frontier production function model. Journal of Econometrics, 19, 233-238 https://doi.org/10.1016/0304-4076(82)90004-5
Krause J. (2012): The basic characteristics of corporate strategy and company value. Business Systems and Economics, 2: 20–32.
Kumbhakar S.C., Lovell C.A.K. (2000): Stochastic Frontier Analysis. Cambridge University Press, Cambridge.
Lovell C.A.K., Richardson S., Travers P., Wood L.L. (1994): Resources and Functionings: A New View of Inequality in Australia. In: Eichhorn W.(ed): Models and Measurement of Welfare and Inequality. Berlin, Springer-Verlag.
Machek O. (2014): The relationship between financial performance and Total Factor Productivity: Evidence from the Czech agricultural sector. International Journal of Social Sciences and Humanity Studies, 6: 57–67.
Machek O., Špička J. (2013): Measuring the performance growth of the agricultural sector: A Total Factor Productivity approach. International Journal of Economics and Statistics, 4: 200–208.
Malá Z. (2011): Efficiency analysis of Czech organic agriculture. E+M Ekonomie a Management, 14: 14–28.
Shepard R.W. (1970): Theory of Cost and Production Functions. Princeton University Press, Princeton.
Špička J. (2013): The competitive environment in the dairy industry and its impact on the food industry. Agris Online Papers in Economics and Informatics, 5: 89–102.
Špička Jindřich, Smutka Luboš (2014): The Technical Efficiency of Specialised Milk Farms: A Regional View. The Scientific World Journal, 2014, 1-13 https://doi.org/10.1155/2014/985149