Table 4.
Indirect effect elasticities alternative measures.
Model type Indirect effect | AB |
FE |
AH |
|||
---|---|---|---|---|---|---|
Crop area | Land price | Crop area | Land price | Crop area | Land price | |
2002-2011 | 0.19* | 0.21** | 0.44** | 0.40** | 0.43** | 0.40** |
2002-2006 | 0.42** | 0.34** | 0.47** | 0.31** | 0.63** | 0.45** |
2007-2011 | –0.06 | 0.56** | 0.07 | 0.49** | 0.06 | 0.45** |
p < 0.05.
p < 0.01.