Abstract
This study assesses the managerial efficiency of olive farming in Greece by employing a robust technical efficiency estimator and method proposed by Badin et al (2012) which allows the ranking of production units on the basis of management ability and effort in a theoretically consistent way. The empirical results, based on 478 Farm Accountancy Data Network observations, suggest that managerial efficiency and effort make an important contribution to overall productive efficiency. Managerial efficiency and effort are positively associated with the ratio of family labour to total labour and the degree of intensification of production, and negatively associated with the ratio of owned land to total land. Public policies should therefore focus on improving managerial efficiency by investing in human capital and facilitating the further integration of olive-growing farms into input markets.
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