A Multinomial Logit Model Analysis of Farmers’ Participation in Agricultural Cooperatives: Evidence from Vietnam
Luu Tien Dung ()
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Luu Tien Dung: Faculty of Postgraduate Studies, Lac Hong University, Vietnam
Asian Journal of Applied Economics/ Applied Economics Journal, 2020, vol. 27, issue 1, 1-22
Abstract:
This study aims to test the determinants of farmers' participating behavior in agricultural cooperatives. A model of multinomial logistic regression is employed using survey data of 640 farmers in the Mekong Delta of Vietnam. The estimation results reveal that farmers are more likely to participate in agricultural cooperatives when they possess more favorable resources, including their level of higher education, farmland size, access to credit, social capital, access to extension, and market constraints. Farmers also regard cooperatives as institutions that can help them reduce production and marketing risks and ultimately enhance their chance of expanding their business operations.
Keywords: agricultural cooperatives; human capital; social capital; Vietnam (search for similar items in EconPapers)
JEL-codes: D19 Q13 Q18 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ris:apecjn:0036
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