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. Author manuscript; available in PMC: 2019 May 1.
Published in final edited form as: J Econ Behav Organ. 2018 Apr 16;149:239–268. doi: 10.1016/j.jebo.2017.12.025

Table 3.

Hazard ratios, survival model for GM corn adoption.

Variables (1) (2) (3) (4) (5) (6) (7) (8)
High school diploma or less 0.686*
[0.155]
0.781
[0.208]
0.807
[0.214]
0.836
[0.237]
Digit span 1.092
[0.066]
0.963
[0.066]
0.944
[0.064]
1.034
[0.075]
Cognitive ability (own precision, ρu) 2.171***
[0.369]
2.351***
[0.432]
2.894***
[0.662]
3.185***
[0.759]
Receptiveness (advice perceived precision, ρv ) 0.947
[0.038]
0.961
[0.048]
0.997
[0.037]
1.014
[0.045]
Cognitive ability × Receptiveness 0.922***
[0.025]
0.917***
[0.029]
High ability/Low receptiveness (HL) 1.866***
[0.433]
1.729**
[0.461]
Low ability/High receptiveness (LH) 0.760
[0.281]
1.162
[0.384]
High ability/High receptiveness (HH) 1.250
[0.296]
1.162
[0.293]
Age 0.998
[0.019]
0.997
[0.018]
0.996
[0.020]
Female 0.838
[0.229]
0.822
[0.213]
0.919
[0.287]
Acres operated (100 0’s) 1.415***
[0.145]
1.407***
[0.147]
1.359***
[0.136]
Farming not principal occupation 0.563
[0.214]
0.539
[0.204]
0.594
[0.219]
Years making decisions on farm 0.984
[0.020]
0.987
[0.019]
0.982
[0.020]
Received computer refresher 1.036
[0.431]
0.899
[0.387]
1.322
[0.550]
Number of risky choices 0.952
[0.034]
0.959
[0.035]
0.959
[0.033]
k 1.356 ***
[0.136]
1.377 ***
[0.136]
1.412 ***
[0.132]
1.685***
[0.157]
1.442***
[0.139]
1.708***
[0.162]
1.378***
[0.136]
1.625***
[0.152]
Number of farmers 132 131 132 131 132 131 132 131
χ2 inequality tests
HL−HH > 0 0.039** 0.088*
LH > 0 0.771 0.324

Hazard ratios for survival models. A hazard ratio below 1 implies that the variable makes adoption less likely. Robust standard errors in brackets. All regressions assume a Weibull survival distribution and include year and crop-reporting district fixed effects. In columns (7) and (8), “Low ability/Low receptiveness” is the excluded category. The precisions are multiplied by 100 for scaling. The χ2 inequality tests show the p-values for one-sided tests of the hypothesis that the coefficient on High ability/Low receptiveness is greater than or equal to that on High ability/High receptiveness, and the hypothesis that the coefficient on Low ability/High receptiveness is greater than or equal to 0 (i.e., testing that the hazard ratio is greater than or equal to 1).

*

We test whether they are significantly different from 1 (not 0) at 10% levels.

**

We test whether they are significantly different from 1 (not 0) at 5% levels.

***

We test whether they are significantly different from 1 (not 0) at 1% levels.