
Adoption of Modern Agronomic Practices by Cocoa Farmers in Nigeria
A Multivariate Tobit Analysis
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Traditionally researchers have pointed to the problems of socio-economic factors in addressing adoption. In order to develop a more robust model that is reliable, stable and consistent, the significant variables in the different components models from socio-economic, demographic, institutional and technology perception were pooled together in this work. The use of a multivariate Tobit regression model was useful in achieving this goal. This approach circumvent the method of elimination of all variables with theoretical a priori 'wrong' signs and high ratio of the estimated coefficient to their...
Traditionally researchers have pointed to the problems of socio-economic factors in addressing adoption. In order to develop a more robust model that is reliable, stable and consistent, the significant variables in the different components models from socio-economic, demographic, institutional and technology perception were pooled together in this work. The use of a multivariate Tobit regression model was useful in achieving this goal. This approach circumvent the method of elimination of all variables with theoretical a priori 'wrong' signs and high ratio of the estimated coefficient to their standard errors. This book proffers solutions for farmer's poor supply response to government and research interventions in achieving high productivity and sustainable production.The book helps farmers,entrepreneurs and policy makers in making good decision in cocoa farming. Students and research workers on adoption work will also find this book very useful.