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. 2021 Aug 23;39(1):385–403. doi: 10.1007/s10460-021-10255-5

Table 7.

Average elasticities with respect to farm size

acres gfi
Use and importance
pct_sold − 0.008 − 0.131**
(0.007) (0.054)
vbsc_rank1 − 0.027 0.025
(0.034) (0.171)
vbsc_top3 0.027 − 0.278**
(0.018) (0.120)
Benefit factors
Organizational 0.023*** − 0.019
(0.008) (0.030)
Promotional 0.011** − 0.020
(0.004) (0.051)
Values-based 0.057*** − 0.025
(0.017) (0.075)
Challenges
Standards 0.033 − 0.054
(0.020) (0.055)
VBSC limits volume 0.024 − 0.040
(0.026) (0.061)
Logistics 0.059 − 0.129
(0.041) (0.198)
Farm volume − 0.044 − 0.849***
(0.095) (0.266)

*, **, 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