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Factors Influencing Farmers’ Selection of a Milk Handler

Опубликовано на портале: 18-02-2005
Journal of Agricultural and Applied Economics. 1994.  Vol. 26. No. 2. P. 443-450. 
A 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 milk 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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