Table 2 Production and explanatory variables of the production frontier
From: Technical efficiency and total factor productivity changes in European dairy farm sectors
Variable | Description | Unit |
|---|---|---|
Output | ||
Production | Annual quantity of milk produced | Tons (t) |
Input | ||
Land area | Land area covered | Hectares (Ha) |
Cows | Number of milk cows | Livestock units (LU) |
Labour | Number of workers | Annual work units (AWU) |
Capital | Depreciation of machinery and plant | Euro (€) |
Variable costs | Cost of variable inputs (e.g., feed, seed, energy) | Euro (€) |
Other fixed costs | Cost of other fixed inputs (e.g., taxes) | Euro (€) |