Vangelis Tzouvelekas|Christos J. Pantzios|Christos Fotopoulos
Economic Efficiency in Organic Farming: Evidence from Cotton Farms in Viotia, Greece
University of Crete|University of Patras|University of Ioannina
abstract using recent advances stochastic production frontier framework paper presents empirical analysis technical allocative economic efficiency sample organic conventional cotton farms located greece results suggest farm types sample examined technically allocatively economically inefficient farmers age education farm size important factors explaining differentials efficiency estimates comparative terms organic farms exhibit lower efficiency scores visvis conventional counterparts terms technical economic efficiency regarding allocative efficiency farm types almost equally inefficient low efficiency scores types farming may attributed respective intervention policies last 20 years