Efficiency in agricultural production: Regional evidence from Romania

This paper examines the efficiency of agricultural production in Romania at regional level between 1992-2004. We employ Data Envelopment Analysis technique and Bootstrap estimation methods, which allows us to obtain more precise estimations than conventional methods. Our paper is a good example of why Bootstrap algorithms should be used when we make use of finite samples and non-parametric methods to estimate efficiency scores. Moreover, our analysis has important policy relevant implications for the performance of agricultural sector.