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Registros recuperados: 8
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BAYES' ESTIMATES OF THE DOUBLE HURDLE MODEL IN THE PRESENCE OF FIXED COSTS AgEcon
Holloway, Garth J.; Barrett, Christopher B.; Ehui, Simeon K..
We present a model of market adoption (participation) where the presence of non-negligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise due to household resources that must be devoted a priori to the decision to participate in the market. These costs-usually a cost of time-motivate two-step decision-making and focus attentions on the minimum-efficient scale of operations (the minimum amount of milk sales) at which market entry becomes viable. This focus, in turn, motivates a non-zero-censored Tobit regression estimated through routine application of Markov chain Monte Carlo Methods.
Tipo: Working or Discussion Paper Palavras-chave: Market participation; Fixed costs; Double-hurdle model; Censored regression.; Financial Economics; O1; O11; C34; O13; Q16; D1.
Ano: 2002 URL: http://purl.umn.edu/14741
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Changes in Debt Patterns and Financial Structure of Farm Businesses: A Double Hurdle Approach AgEcon
Harris, James Michael; Dillard, John; Erickson, Kenneth W.; Hallahan, Charles B..
This paper uses a double hurdle model to help explain one aspect of the changing capital structure of U.S. production agriculture--the increase in the number of debt free farms. Our findings suggest that nonfinancial factors, such as operator age, region, risk aversion, and financial factors such as debt service ability and the cost of capital play significant roles in distinguishing borrowers from non borrowers.
Tipo: Conference Paper or Presentation Palavras-chave: Farm debt; Farm credit; Double-hurdle model; Farm businesses; Agricultural Finance.
Ano: 2009 URL: http://purl.umn.edu/49402
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DETERMINANTS OF PARTICIPATION AND CONSUMPTION: THE CASE OF CRAWFISH IN SOUTH LOUISIANA AgEcon
Yen, Steven T.; Dellenbarger, Lynn E.; Schupp, Alvin R..
This study investigates the determinants of crawfish consumption in South Louisiana using a generalized limited dependent variable model that accounts for both participation and consumption decisions. Income, Catholic, white, and household size increase the likelihood of crawfish consumption but not the conditional level of consumption. Education and employment status are among the other household characteristics that determine the conditional level of consumption.
Tipo: Journal Article Palavras-chave: Box-Cox transformation; Crawfish consumption; Double-hurdle model; South Louisiana; Food Consumption/Nutrition/Food Safety.
Ano: 1995 URL: http://purl.umn.edu/15357
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Factors that affect the use of herbicides in Philippine rice farming systems AgEcon
Beltran, Jesusa C.; Pannell, David J.; Doole, Graeme J.; White, Benedict.
This study involves the application of a random-effects double-hurdle model to survey data to identify the farm-level factors affecting the adoption and intensity of herbicide use in rice production in the Philippines. Results broadly indicate apparent differences in the degree to which important explanatory variables affect the intensity and adoption decisions. The age of the farmer, household size, and irrigation are the significant predictors influencing the decision of farmers to use herbicides, while economic variables such as the price of herbicides, total income of farmers, and the use of bank loans or credit are the highly significant factors determining the intensity of herbicide use. Significant determinants of both the adoption and intensity...
Tipo: Working or Discussion Paper Palavras-chave: Herbicide use; Double-hurdle model; Adoption; Rice farming system.; Demand and Price Analysis.
Ano: 2011 URL: http://purl.umn.edu/108769
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Household Resource Endowment and Determinants of Adoption of Drought Tolerant Maize Varieties: A Double-hurdle Approach AgEcon
Legese, Getachew; Langyintuo, Augustine S.; Mwangi, Wilfred; Jaleta, Moti; La Rovere, Roberto.
Existing literature suggests the influence of household wealth on farmer's technology adoption decisions. In 2007, this study was conducted to provide a clearer understanding of how differences in household wealth affect the way in which other variables influence adoption decisions. Using data from 369 households in Adama and Adami Tulu Jido Kombolcha districts of Ethiopia, the paper first stratified households into poorly and well-endowed categories based on wealth indices constructed using their productive assets by the principal components method. A double hurdle model was then specified and estimated for each wealth group to assess factors influencing the adoption and use intensity of improved varieties. The results suggest that factors influencing the...
Tipo: Conference Paper or Presentation Palavras-chave: Wealth index; Double-hurdle model; Ethiopia; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2009 URL: http://purl.umn.edu/51785
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Internet Access and Internet Purchasing Patterns of Farm Households AgEcon
Mishra, Ashok K.; Williams, Robert P.; Detre, Joshua D..
The Internet is becoming an increasingly important management tool in production agriculture. Using data from the 2004 Agricultural Resource Management Survey (ARMS) and a double-hurdle estimation approach, we explore the adoption of computers with Internet access by and Internet purchasing patterns of farm households. Adoption of the Internet is positively related to age and education of the operator, off-farm work, presence of spouse, participation in government programs, farm size, and regional location of the farm. Internet purchasing patterns of farm households are positively related to the education of the operator and spouse, presence of teenagers, and regional location of the farm. Finally, farm businesses and their households are more likely to...
Tipo: Journal Article Palavras-chave: Adoption of Internet; Education; Farm size; Farm households; Internet; Double-hurdle model; Farm business; Major household items; Minor farm inputs; Agricultural Finance; Consumer/Household Economics; Farm Management.
Ano: 2009 URL: http://purl.umn.edu/55545
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PANEL DATA DOUBLE-HURDLE MODEL: AN APPLICATION TO DAIRY ADVERTISING AgEcon
Dong, Diansheng; Chung, Chanjin; Kaiser, Harry M..
In this study, we extend to panel data structures the double-hurdle model typically used in cross-sectional data. The new double-hurdle model can account not only for the censored nature of commodity purchases, but also for the dynamics of the purchase process. In this model, a flexible error structure is assumed to account for state dependence and household-specific heterogeneity. In the empirical application for milk purchase, we find that generic advertising increases the probability of market participation as well as the purchase quantity and incidence. Temporal dependence is also found in both purchase and participation equations.
Tipo: Conference Paper or Presentation Palavras-chave: Double-hurdle model; Panel data; Household purchase; Milk; Advertising; Heterogeneity; State dependence; Simulated maximum likelihood; Marketing.
Ano: 2001 URL: http://purl.umn.edu/20502
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The supermarket revolution and impacts on agricultural labor markets: Empirical evidence from Kenya AgEcon
Rao, Elizaphan J.O.; Qaim, Matin.
Many developing countries are currently experiencing a rapid expansion of supermarkets. New supermarket procurement systems could have important implications for farming and wider rural development. While previous studies have analyzed farm profit and income effects, possible employment effects have received much less attention. Building on data from a recent survey of vegetable farmers in Kenya, in this article a double-hurdle model of hired labor use is developed and estimated. Farmer participation in supermarket channels increases the likelihood of hiring labor by 13% and overall demand for hired labor by 38%. A gender disaggregation shows that positive employment effects are especially pronounced for female hired labor. Given that agricultural wage...
Tipo: Working or Discussion Paper Palavras-chave: Supermarkets; Off-farm income; Hired labor; Double-hurdle model; Kenya; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Productivity Analysis; C34; Q12; Q13; J43.
Ano: 2011 URL: http://purl.umn.edu/107745
Registros recuperados: 8
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