Do Macroeconomic Shocks Impact the Economic Efficiency of Small Farmers? The Case of Wetland Rice Farmers in Indonesia Fabiosa, Jacinto Jensen, Helen Yan, Dong
dc.contributor.department Center for Agricultural and Rural Development 2018-02-16T14:29:11.000 2020-06-30T01:04:35Z 2020-06-30T01:04:35Z 2015-06-17 2004-05-01
dc.description.abstract <p>This study examines the impact of macroeconomic shocks on the efficiency of small farmers. We estimate single- and multiple-factor efficiency measures for Indonesian rice farmers in years before, during, and after the country's macroeconomic crisis. We find that productive efficiency declined by 7 to 22 percent during the crisis, largely because of a decline in technical efficiency and a relatively large volatility in efficiency (the coefficient of variation was larger by a factor of 1.87). Allocative efficiency, on the other hand, increased slightly and offset part of the decrease in technical efficiency. The magnitude of the impact on efficiency depended on farmers' input adjustments. Factors associated with higher levels of technical and allocative efficiency include larger-size farms and higher education levels for the farm owners. The predicted efficiency measures disaggregated by type (technical and allocative), by specific factor (fertilizer and labor), and by specific location (province and farm level) can be used in designing and targeting inter-ventions to improve the economic efficiency of farms.</p>
dc.identifier archive/
dc.identifier.articleid 1382
dc.identifier.contextkey 7231068
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath card_workingpapers/405
dc.source.bitstream archive/|||Sat Jan 15 00:08:23 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Industrial Organization
dc.subject.disciplines Macroeconomics
dc.subject.keywords agriculture
dc.subject.keywords Indonesia
dc.subject.keywords production efficiency
dc.subject.keywords rice
dc.title Do Macroeconomic Shocks Impact the Economic Efficiency of Small Farmers? The Case of Wetland Rice Farmers in Indonesia
dc.type article
dc.type.genre article
dspace.entity.type Publication
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relation.isOrgUnitOfPublication 1a6be5f1-4f64-4e48-bb66-03bbcc25c76d
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