The impact of dynamic technical inefficiency on investment decision of Spanish olive farms

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Title:	The impact of dynamic technical inefficiency on investment decision of Spanish olive farms
Author:	Lambarraa, Fátima; Spiro, Stefanou; Gil Roig, José María
Other authors:	Universitat Politècnica de Catalunya. Departament d'Enginyeria Agroalimentària i Biotecnologia
Abstract:	This study analyzes Spanish olive sector investment decision under irreversibility and uncertainty taking into consideration the technical efficiency as a relevant element that could impact that decision by integrating the Real Option Approach (ROA) and a dynamic Stochastic Frontier Model (SFM) estimation.
Abstract:	Peer Reviewed
Subject(s):	-Àrees temàtiques de la UPC::Enginyeria agroalimentària::Indústries agroalimentàries::Olis i greixos comestibles -Olive industry and trade -- Spain -Oli d'oliva -- Producció -- Espanya
Rights:	Attribution-NonCommercial-NoDerivs 3.0 Spain http://creativecommons.org/licenses/by-nc-nd/3.0/es/
Document type:	Article - Published version Conference Object
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