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Investment Behavior and Farm Business Expansion
Author(s) -
LaDue Eddy L.,
Miller Lynn H.,
Kwiatkowski Joseph H.
Publication year - 1991
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349558
Subject(s) - investment (military) , logit , ordered logit , economics , econometrics , business , statistics , mathematics , law , politics , political science
Ordinal logit models were used to investigate the expansion investment behavior of farmers during the 1985–86 period. Holdout samples were used to determine final model statistics. Age and farm size were found to be important determinants of farmer actions.