“Determining the (lack of) competitiveness of Danish agriculture, using a novel combination of non-parametric benchmarking analysis and permutation tests” -- talk by Professor Mette Asmild (University of Copenhagen) Event
- Time:
- 16:00 - 18:00
- Date:
- 7 November 2019
- Venue:
- Room 3043, Building 2, Southampton Business School, University of Southampton, Highfield Campus, SO17 1BJ
For more information regarding this event, please email Martin Kunc at M.Kunc@southampton.ac.uk .
Event details
A large-scale analysis of the competitiveness of Danish Agriculture has been performed, by applying non-parametric benchmarking analysis (specifically DEA) on a data set comprising annual farm level observations on over 1000 variables for over 80.000 farms across 28 European countries, which are representative for around 5 million farms in Europe. We have defined two competitiveness indicators, and introduced permutation-based tests to enable statistical hypothesis testing – something which is otherwise problematic when considering non-parametric estimates of efficiency. The results, which attracted a great deal of interest from the media, show that the farms in Denmark actually have significantly worse economic production conditions than the farms in all the other European countries.
Speaker information
Professor Mette Asmild, University of Copenhagen, a professor of Applied Industrial Economics and Agribusiness in Denmark. She has worked extensively in the areas of efficiency and productivity analysis, including both theoretical developments and empirical applications. She regularly does consultancy work for the Danish Ministry of Environment and Food, and has been on an expert panel designing benchmark regulation models for Danish electricity distribution companies, appointed by the Danish Minister of Energy, Utilities and Climate.