Factors Affecting the Probablity of Paying Ginseng Chekoff
2013
Yoon, B.S., Chungbuk National University, RePublic of Korea | Jang, I.B., RDA, Eumsung, Republic of Korea | Cha, S.W., RDA, Eumsung, Republic of Korea
The primary objective of the study is to determine the factors that may affect the payment of Korean ginseng checkoff. Specifically, this study aims to analyse how various producer characteristics (demographic and socioeconomic factors) and producer attitudes toward the current voluntary ginseng checkoff program affect the probability of paying checkoff. The results from binary probit and logit models show that producers who have higher annual income and a better understanding of checkoff program are more likely to pay the ginseng checkoff. The results also find that there exist notable regional differences in the payment of ginseng checkoff.
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