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Table 9 Parameter estimates for testing the validity of the selection instrument

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

Variables

STRV adoption (= 1 if adopted flood-tolerant rice variety and = 0 otherwise) (M1)

Log of rice productivity of those who did not adopt STRV (quintals per acre) (M2)

RISK_PREF_BIN

− 0.127# (0.0886)

− 0.018 (0 0.0577)

Constant

0.562*** (0.0666)

1.773*** (0 0.2671)

Wald test on risky farmers

X2 = 2.07#

F-stat. = 4.74***

Observations (N)

891

214

  1. M1: probit model; M2: ordinary least squares; standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1. Parameters for all the other variables are not reported here. The full table is available on request
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Agriculture & Food Security

ISSN: 2048-7010