Demand for an Undergraduate Education in the Agricultural Sciences
Richard P. Thompson,
Oral Capps and
Joseph G. Massey
Authors registered in the RePEc Author Service: Oral Capps, Jr. and
ORAL CAPPS Jr.
American Journal of Agricultural Economics, 1994, vol. 76, issue 2, 303-312
Abstract:
Undergaduate enrollments in the agricultural and natural resource sciences (AGNR) declined during the 1980s. The present study sought to analyze factors affecting the drop in demand for an AGNR education. Two time-series pooled models were employed: a household production function (HPF) variant and a Mincerian human capital form. The HPF variant offers the empirical advantage of a price expression that accounts for changes in AGNR demand beyond significant wealth, structural, regional, and gender effects. High opportunity costs of AGNR careers stalled demand during the 1980s—a problem that may persist for some AGNR career areas.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:76:y:1994:i:2:p:303-312.
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