A Logit Analysis of Participation in Tennessee's Forest Stewardship Program

Caroline D. Bell, Roland K. Roberts, Burton English and William M. Park

Journal of Agricultural and Applied Economics, 1994, vol. 26, issue 2, 463-472

Abstract: This study determines the likely effect of cost-share incentives on participation in the Tennessee forest Stewardship Program and identifies other factors that may contribute to participation. A random utility model is used to determine the probability that a landowner will choose to participate in the program. A binary choice model is specified to represent the dichotomous decision and a logit procedure is used to fit the model. Data are obtained from mail surveys of 4,000 randomly selected landowners. Results indicate that attitudes and knowledge of forestry programs may be more influential in a landowner's decision to participate than monetary incentives.

Date: 1994
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Journal Article: A LOGIT ANALYSIS OF PARTICIPATION IN TENNESSEE'S FOREST STEWARDSHIP PROGRAM (1994)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:26:y:1994:i:02:p:463-472_02

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