Table 8.

Tests of Restrictions on Marginal Effects from Empirical Model

Test of Restriction: ²1 = 1Test of Restriction: η1 = η2
StateCRDSign-up 16Sign-up 18Sign-up 20Sign-up 16Sign-up 18Sign-up 20
IA1950− 0.548***− 0.413***− 0.337***− 10.882***− 0.407− 0.966
  (.300)(0.035)(0.033)(1.432)(1.503)(1.825)
IA1940− 0.554***− 0.529***− 0.312***− 2.7*6.825***− 0.062
  (0.251)(0.039)(0.032)(1.566)(1.985)(2.004)
IA1910− 0.394***− 0.543***− 0.475***− 2.667**− 0.5005.653**
  (0.334)(0.049)(0.054)(1.354)(1.95)(2.331)
MN2750− 0.38***− 0.271***− 0.291***− 2.56***− 1.203− 3.002
  (0.16)(0.02)(0.021)(0.768)(1.024)(1.253)
MN2740− 0.297***− 0.27***− 0.226***1.540- 2.211− 3.78*
  (0.114)(0.014)(0.014)(1.470)(1.561)(2.105)
MN2710− 0.395***− 0.24***− 0.323***− 1.602***− 1.2815.752**
  (0.143)(0.012)(0.031)(3.052)(0.124)(2.432)
MT3050− 0.526***Cannot be estimated; all offers where PP = 1 are censored.− 2.502Cannot be estimated; all offers where PP = 1 are censored.
  (0.104)  (1.719)  
MT3030- 0.202***− 0.154***− 0.254***− 1.982***- 2.111***− 2.924***
  (0.028)(0.044)(0.11)(0.173)(0.324)(0.754)
ND3890- 0.12***− 0.135***− 0.136***− 0.788− 3.274***− 1.254
  (0.015)(0.021)(0.046)(0.612)(1.087)(1.698)
ND3860− 0.179***− 1.099***− 0.082***− 0.528− 0.729− 7.427***
  (0.027)(0.039)(0.072)(0.731)(1.075)(2.025)
ND3830− 0.366***− 0.653***− 0.463***− 1.504***− 2.621***− 8.267***
  (0.018)(0.036)(0.046)(0.342)(0.612)(1.179)
ND3840− 0.104***− 0.135**− 0.272***0.116− 0.774− 0.544
  (0.039)(0.061)(0.083)(0.415)(1.318)(1.472)
ND3880- 0.102***− 0.193***− 0.123***− 1.933***− 2.731***− 9.527***
  (0.035)(0.071)(0.138)(0.321)(0.574)(1.818)

  • Note: Restriction estimates with standard errors in parentheses. CRD, crop reporting district; IA, Iowa; MN, Minnesota; MT, Montana; ND, North Dakota.

  • ↵* Significance at the 10% level;

  • ↵** significance at the 5% level;

  • ↵*** significance at the 1% level.