HUMAN-CAPITAL, PRODUCER EDUCATION-PROGRAMS, AND THE ADOPTION OF FORWARD-PRICING METHODS

Authors
GOODWIN BK SCHROEDER TC
Citation
Bk. Goodwin et Tc. Schroeder, HUMAN-CAPITAL, PRODUCER EDUCATION-PROGRAMS, AND THE ADOPTION OF FORWARD-PRICING METHODS, American journal of agricultural economics, 76(4), 1994, pp. 936-947
Citations number
26
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
Journal title
American journal of agricultural economics → ACNP
ISSN journal
00029092
Volume
76
Issue
4
Year of publication
1994
Pages
936 - 947
Database
ISI
SICI code
0002-9092(1994)76:4<936:HPEATA>2.0.ZU;2-0
Abstract
Using a sample of 509 Kansas producers, we evaluate factors affecting adoption of forward pricing methods. We focus on producers' human capi tal accumulation and its effect on adoption of forward-pricing techniq ues. Probit models are employed to evaluate producers' participation i n educational programs and their forward-pricing adoption decisions. T obit models are employed to evaluate individual levels of adoption of these techniques in the marketing of wheat, corn, grain sorghum, soybe ans, and cattle.