Agriculture Reference
In-Depth Information
Table 5.2. Multinomial logistic results for informal and formal market choices as compared to non-
marketing choice.
Variable
Informal market choice
Formal market choice
Coefficient Std. error Significance Odds ratio Coefficient Std. error Significance Odds ratio
MKTINFO
2.686
1.050
0.011*
14.673
4.217
1.385
0.006*
67.83
GRADES
-1.623
0.905
0.073
0.197
3.830
0.848
0.016*
46.06
EXT
0.606
0.868
0.485
1.833
1.166
2.942
0.282
3.209
ORGMEM
0.788
0.786
0.316
2.199
1.324
1.384
0.330
3.758
FMNGTYP
-0.248
0.754
0.742
0.780
-1.164
1.854
0.530
0.312
RDINFR
0.862
0.841
0.305
2.368
2.992
2.171
0.168
19.92
SOCIAILK
0.222
0.948
0.050*
1.248
1.180
2.863
0.031*
3.254
ADDVAL
1.352
1.079
0.210
3.865
0.392
0.218
0.860
1.479
MKTINFR
2.557
1.030
0.013*
12.897
-0.687
0.026
0.735
0.503
STOR
0.584
0.777
0.453
1.793
0.259
1.873
0.890
1.296
CONTRCT
0.844
0.755
0.263
2.326
2.803
1.912
0.047*
16.49
TRANS
0.843
0.774
0.276
2.323
0.449
1.644
0.785
1.567
PART
1.899
0.854
0.026*
6.679
1.997
1.418
0.039*
7.367
TRAD
2.477
1.441
0.031*
11.905
-2.144
2.296
0.007*
0.117
INTERCEPT
-4.934
2.860
0.048
-
-17.069
4.466
0.044
-
Goodness-of-Fit Chi-Square df
Sig.
Pearson
111.372
168
0.150
Deviance
84.301
168
0.988
* Statistically significant at P ≤0.05.
Access to market information has a positive sign for both formal and informal market
choices, which is consistent with the a priori expectations. The significance values of 0.011
for the informal market choice and 0.006 for the formal market choice imply that there is
enough evidence to support that an increase in the availability of market information results
in an increase in both informal and formal market participation. The larger values in odds
ratios show that households are likely to increase participation in both informal and formal
markets with the availability of market information.
Expertise on grades and standards is significant for the formal market choice with a
significance value of 0.016. A positive sign on its coefficient indicates that an improvement
 
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