TY  - JOUR
AB  - This paper examines the cost structure and cost efficiency for an unbalanced sample of 42 animal feed and 115 farm petroleum co‐operatives in Canada over the period 1984‐2001 using heterogeneous technology stochastic frontier models. The parameter estimates of the cost frontier and the resulting cost efficiency scores indicate there are statistically and economically significant cost inefficiencies. Further analysis revealed that financial structure and firm size have likely contributed to variations in cost efficiency. Obtaining sufficient equity capital is expected to improve co‐operative efficiency
VL  - 67
IS  - 2
SN  - 0002-1466
DO  - 10.1108/00214660780001209
UR  - https://doi.org/10.1108/00214660780001209
AU  - Hailu Getu
AU  - Jeffrey Scott R.
AU  - Goddard Ellen W.
PY  - 2007
Y1  - 2007/01/01
TI  - Capital structure, firm size, and efficiency: the case of farm petroleum and animal feed co‐operatives in Canada
T2  - Agricultural Finance Review
PB  - Emerald Group Publishing Limited
SP  - 279
EP  - 293
Y2  - 2024/04/25
ER  -