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AN APPLICATION OF THE PROBIT MODEL TO THE DECISION TO FARM

Janet Perry

No 271268, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Maximwn likelihood estimation of a probit model is conducted to test the influence on the decision to farm of the expected earnings differential between farm and non-farm employment. National survey data for 1311 young men is used. Results are that young men seek a comparative advantage when deciding on employment.

Keywords: Agricultural and Food Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 16
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271268

DOI: 10.22004/ag.econ.271268

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