Inefficient Farmers Identified, Poised for Productivity Boost
The article presents a model to measure how efficiently firms produce goods, taking into account factors that may cause inefficiency. The model is applied to data from paddy farmers in India over several years. The results show that inefficiency in production is influenced by specific factors related to each farmer and the time of observation. This means that not all farmers produce at the same level of efficiency, and this can change over time.