Evaluating the effect of subsidies for rural development on agri-food and forestry firmsTechnical progress and efficiency

  1. José Antonio Pérez Méndez 1
  2. María Pérez Urdiales 2
  3. David Roibás Alonso 1
  1. 1 Universidad de Oviedo
    info

    Universidad de Oviedo

    Oviedo, España

    ROR https://ror.org/006gksa02

  2. 2 University of California Riverside School of Public Policy, Riverside, California, USA
Revista:
Applied economic analysis

ISSN: 2632-7627

Año de publicación: 2019

Volumen: 27

Número: 80

Páginas: 150-167

Tipo: Artículo

DOI: 10.1108/AEA-06-2019-0004 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Applied economic analysis

Resumen

Purpose – This paper aims to evaluate the impact of the subsidies established by Measure 123 of the Rural Development Policy on the productivity of a sample of agri-food and forestry companies in the region of Asturias over the period 2006-2009. Design/methodology/approach – The authors estimate a stochastic frontier function which allows subsidies to be considered as affecting both the level of technical efficiency and technical progress. Findings – The results show that while subsidies have a positive effect on the technical progress of companies in the agri-food industry, for the forestry industry, the effect materializes as an improvement in technical efficiency. Additionally, other factors affecting either, technical progress and technical efficiency were identified. Originality/value – This study adopts a model that allows the separate identification of the effect of subsidies on the level of efficiency, on the one hand, and on the technical progress, on the other.

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Fuente de los datos: Dialnet