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A Quantile Regression Analysis of the Effect of Farmers’ Attitudes and Perceptions on Market Participation

Kostov, Philip, Davidova, Sophia M. (2013) A Quantile Regression Analysis of the Effect of Farmers’ Attitudes and Perceptions on Market Participation. Journal of Agricultural Economics, 64 (1). pp. 112-132. ISSN 0021-857X. E-ISSN 1477-9552. (doi:10.1111/j.1477-9552.2012.00366.x) (KAR id:40232)

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http://dx.doi.org/10.1111/j.1477-9552.2012.00366.x

Abstract

The objective of this study is to investigate the subjective determinants of farmers’ participation in output markets in five EU New Member States (NMS) characterised by large semi-subsistence sectors. It employs quantile regression to model market participation reflecting the heterogeneity amongst farmers. The study also uses the Bayesian adaptive lasso to simultaneously select important covariates and estimate the corresponding quantile regression models. The empirical results show that only two variables affect all quantiles, while their effect varies across quantiles. Some of the remaining variables affect the share of output sold at the lower quantiles (i.e. for subsistence- and semi-subsistence-oriented farmers) only, whereas other variables are only significant at the upper quantiles (i.e. for more commercially oriented farms). Advisory services, and particularly agricultural business advice, and information and advice on markets and prices can facilitate the market participation of subsistence-oriented farms.

Item Type: Article
DOI/Identification number: 10.1111/j.1477-9552.2012.00366.x
Additional information: number of additional authors: 1;
Uncontrolled keywords: Bayesian adaptive lasso; commercial farmers; EU New Member States; quantile regression; semi-subsistence farmers C11; C21; D12; Q12
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Stewart Brownrigg
Date Deposited: 07 Mar 2014 00:05 UTC
Last Modified: 01 Aug 2019 10:37 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/40232 (The current URI for this page, for reference purposes)
Davidova, Sophia M.: https://orcid.org/0000-0001-8653-8191
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