Table 11.
Regression results for use and importance variables
| pct_sold | vbsc_rank1 | vbsc_top3 | |
|---|---|---|---|
| Intercept | 42.812*** | − 1.009 | 1.636* |
| (8.657) | (1.065) | (0.994) | |
| Farm characteristic | |||
| acres | − 0.299** | − 0.056 | 0.228 |
| (0.136) | (0.048) | (0.140) | |
| gfi | − 0.074*** | 0.001 | − 0.012*** |
| (0.026) | (0.004) | (0.004) | |
| pct_farminc | − 0.038 | 0.000 | 0.005 |
| (0.047) | (0.005) | (0.008) | |
| Commodities produced | |||
| meats&dairy | 4.447 | − 0.286 | − 0.309 |
| (4.140) | (0.297) | (0.339) | |
| hortcrop | − 0.187 | − 1.016*** | − 0.480 |
| (5.620) | (0.276) | (0.397) | |
| agroncrop | − 12.434*** | 0.802 | 0.194 |
| (3.921) | (0.616) | (0.359) | |
| Region (base = Midwest) | |||
| Northwest | 4.580 | − 0.658 | − 0.185 |
| (4.667) | (0.534) | (0.663) | |
| Pacific | − 5.495 | − 0.470 | − 0.662 |
| (5.448) | (0.700) | (0.630) | |
| Northeast | 1.891 | − 1.046* | − 1.155 |
| (4.706) | (0.605) | (0.724) | |
| Southeast | 17.402 ** | 0.496 | − 1.049* |
| (7.255) | (0.620) | (0.620) | |
| Operator characteristic | |||
| female | − 8.337** | − 0.237 | − 0.643** |
| (3.748) | (0.242) | (0.312) | |
| age | − 0.147 | 0.024* | 0.009 |
| (0.128) | (0.014) | (0.012) | |
| Number of obs | 225 | 226 | 226 |
| p-value for F/χ2 test | 0.000 | 0.000 | 0.000 |
| Pseudo R-squared | 0.014 | 0.086 | 0.101 |
*, **, and *** signify statistical significance at the 0.1, 0.05, and 0.01 levels, respectively
The numbers in parentheses are standard errors adjusted for VBSC clusters. The pct_sold equation is estimated using tobit regression with the dependent variable censored at 0 and 100. The vbsc_rank1 and vbsc_top3 equations are estimated using logit regression