Abstract
Technical Efficiency and Potential Productivity Gains of French Grain Farms, by Isabelle Piot, Jean-Philippe Boussemart, Benoît Dervaux and Dominique Vermersch. This study examines the hypothesis that the level of microeconomic efficiency influences the extent to which agricultural market regulation policies are efficient. The case study used is the May 1992 CAP reform, which provides for curbing the rise in grain output. We use a non-parametric approach in an intertemporal framework to estimate technical inefficiencies and inefficiencies of scale for a sample of grain farms. The measured inefficiencies are interpreted as potential productivity gains, given here in the form of the increase in cereal yields per hectare. The total absorption of pure technical inefficiency should therefore result in a 10% to 12% increase in cereal yields.
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