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DEMAND AND QUALITY UNCERTAINTY IN PECAN PURCHASING DECISIONS AgEcon
Park, Timothy A.; Florkowski, Wojciech J..
Fixed search costs associated with locating and purchasing pecans invalidate the Tobit model. Factors such as perceived quality, ease of purchase, and familiarity with marketing outlets influence the fixed costs of pecan purchases. These factors have differing impacts on the probability of purchasing and the amount purchased based on the Heckman model. Failure to apply self-selectivity corrections produces misleading assessments of key variables influencing pecan purchases. (Missing tables 1,2,3)
Tipo: Working or Discussion Paper Palavras-chave: Pecan demand; Consumer quality expectations; Heckman model; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 1996 URL: http://purl.umn.edu/16714
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India’s Agrarian Crisis and Corporate-Led Contract Farming: Socio-economic Implications for Smallholder Producers AgEcon
Sharma, Vijay Paul.
The paper discusses India’s agrarian crisis and the role of corporate-led contract farming in addressing these crisis. A two-stage Heckman model was used to explain determinants of participation in contract farming, and whether participation in contract farming affects farm income. The results indicate that contract farming has a positive impact on crop productivity and farm income. The socio-economic factors that influenced participation in contract farming were education, age, farm size, access to institutional credit, source of off-farm income and membership to an organization. Factors related to the likelihood of participation in contract farming slightly differed from the factors affecting farm income.
Tipo: Journal Article Palavras-chave: Agrarian crisis; Smallholder producer; Corporate-led contract farming; Agricultural Produce Marketing (APMC) Act; Heckman model; Institutional and Behavioral Economics; Marketing; Research Methods/ Statistical Methods; Q10; Q13.
Ano: 2008 URL: http://purl.umn.edu/53735
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