FACTORS INFLUENCING FARMERS' SELECTION OF A MILK HANDLER

Richard L. Kilmer, Jonq-Ying Lee and Dale H. Carley

Journal of Agricultural and Applied Economics, 1994, vol. 26, issue 2, 8

Abstract: 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 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.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1994
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15174

DOI: 10.22004/ag.econ.15174

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