Factors Influencing Farmers' Selection Of A Milk Handler
AbstractA structural probit model is estimated to determine the change in the probability of selecting a milk handler. Cooperatives are thought to have lower prices and higher deductions than independent milk handlers and these factors reduce the probability that a farmer will select a cooperative by 0.39 and 0.32. Cooperatives are thought to have better services and an assured market and payment than independent mile handlers and these factors increase the probability that a farmer will select a cooperative by 0.20 and 0.26. This indicates that many cooperative members value monetary characteristics over non-monetary characteristics.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 26 (1994)
Issue (Month): 02 (December)
Cooperatives; Processors; Attributes; Selection; Probit; Dairy; Livestock Production/Industries;
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- Gabor G. Szabo & Krisztina Bardos, 2005. "Vertical Coordination by Contracts in Agribusiness - An Empirical Research in the Hungarian Dairy Sector," IEHAS Discussion Papers 0515, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
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