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Table 11 Estimates of three-stage least squares model for mechanization

From: Farmers’ risk attitude, agricultural technology adoption and impacts in Eastern India

Variables

Risk_Attitude

Mechanization

Productivity

RISK_PREF_BIN

 

0.042**

 
  

(0.020)

 

MECH_BINARY

  

0.337***

   

(0.059)

TOTAL_FEMALE_HOURS

 

− 0.001***

0.000

  

(0.000)

(0.000)

TOTAL_MALE_HOURS

 

0.000

0.001***

  

(0.000)

(0.000)

IRRIGATION_PERCENT

 

0.001***

0.001***

  

(0.000)

(0.000)

LN_CHEMFERTILIZ

 

0.099***

0.067***

  

(0.014)

(0.024)

LAND_HOLDING_ACRE

0.003

− 0.002

0.000

 

(0.004)

(0.002)

(0.004)

LIVESTOCK_HOLDINGS

− 0.003

  
 

(0.003)

  

HH_EDUCATION

0.012***

0.010***

0.016***

 

(0.004)

(0.002)

(0.004)

HH_AGE

− 0.001

0.002*

0.000

 

(0.001)

(0.001)

(0.001)

HH_SIZE

0.001

0.002

− 0.003

 

(0.007)

(0.004)

(0.007)

DIST_INPUTM

0.007

− 0.004

− 0.006

 

(0.006)

(0.003)

(0.006)

PRIM_OCCU

0.028

0.008

0.039

 

(0.037)

(0.020)

(0.033)

CASTE_CATEGORY_SC

− 0.095*

  
 

(0.050)

  

CASTE_CATEGORY_ST

− 0.029

  
 

(0.076)

  

CASTE_CATEGORY_OBC

0.044

  
 

(0.044)

  

RELIGION_Muslim

− 0.025

  
 

(0.052)

  

bmConstant

0.548***

0.225***

1.656***

 

(0.100)

(0.075)

(0.124)

Observations

779

779

779

R-squared

0.035

0.195

0.205

  1. Standard errors in parentheses; ***p <0.01, **p <0.05, *p <0.1; General Caste is the base category for the CASTE_CATEGORY variable, Occupation other than agriculture for PRIM_OCCU, and Religion other than Muslim for RELIGION