This paper established a positive relationship between market orientation and intensity of commercialization among rural farm households in northern Ghana. The IV Tobit regression estimate suggests that intensity of maize commercialization is significantly determined by education, agro-ecology, household size, total livestock units, farm size, access to formal markets and market orientation. In addition, a highly and unbiased significant positive effect is observed between market orientation and intensity of maize commercialization after controlling for endogeneity in market orientation. Intensity of maize commercialization increased by 0.86% for a 0.1 unit increase in the market orientation index. The empirical implications of the results are discussed.
机构:
Norwegian Univ Life Sci, Sch Business & Econ, POB 5003, As, Norway
Mekelle Univ, Dept Econ, POB 451, Mekelle, EthiopiaNorwegian Univ Life Sci, Sch Business & Econ, POB 5003, As, Norway
机构:
Department of Accounting, Economics and Finance, Lincoln University, PO Box 84, CanterburyDepartment of Accounting, Economics and Finance, Lincoln University, PO Box 84, Canterbury
Adjei-Frimpong K.
Gan C.
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机构:
Department of Accounting, Economics and Finance, Lincoln University, PO Box 84, CanterburyDepartment of Accounting, Economics and Finance, Lincoln University, PO Box 84, Canterbury
Gan C.
Hu B.
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Department of Accounting, Economics and Finance, Lincoln University, PO Box 84, CanterburyDepartment of Accounting, Economics and Finance, Lincoln University, PO Box 84, Canterbury