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A Logit Analysis of Participation in Tennessee's Forest Stewardship Program

Published online by Cambridge University Press:  28 April 2015

Caroline D. Bell
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, Tennessee
Roland K. Roberts
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, Tennessee
Burton C. English
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, Tennessee
William M. Park
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, Tennessee

Abstract

This study determines the likely effect of cost-share incentives on participation in the Tennessee forest Stewardship Program and identifies other factors that may contribute to participation. A random utility model is used to determine the probability that a landowner will choose to participate in the program. A binary choice model is specified to represent the dichotomous decision and a logit procedure is used to fit the model. Data are obtained from mail surveys of 4,000 randomly selected landowners. Results indicate that attitudes and knowledge of forestry programs may be more influential in a landowner's decision to participate than monetary incentives.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1994

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