Agriculture Reference
In-Depth Information
Table A.9
OLS estimation: Cropsharing and crop variability
Dependent variable: Fraction cropshare contracts
British Columbia
Louisiana
Nebraska
South Dakota
1979
1992
1992
1986
1986
CONSTANT
0.481
0.221
0.786
0.605
0.637
(1.04)
(0.45)
(11.92)
(7.23)
(10.27)
STATE CV
−
0.246
1.176
−
0.583
1.128
−
0.168
(
−
0.108)
(0.468)
(
−
1.54)
(1.85)
(
−
0.493)
R
2
0.002
0.042
0.28
0.300
0.046
F-value
0.012
0.219
2.39
3.429
0.243
Observations
8
8
9
10
7
Dependent variable: Fraction of leased acres under cropshare contracts
British Columbia
Louisiana
1979
1992
1992
CONSTANT
0.107
0.231
0.920
(0.28)
(0.40)
(7.58)
STATE CV
0.183
.84
−
1.19
(
−
1.00)
(0.30)
(
−
1.86)
R
2
0.14
0.01
0.76
F-value
1.00
0.09
3.47
Observations
8
8
9
Dependent variable: Fraction of all acres under cropshare contracts
British Columbia
1979
1992
CONSTANT
0.173
0.56
(0.80)
(4.12)
STATE CV
−
0.35
−
.40
(
−
.329)
(
−
.55)
R
2
0.017
0.04
F-value
1.00
0.09
Observations
8
9
Note:
t-statistics in parentheses.