Table 1 Definition of Explanatory Variables and Summary Statistics (n = 2114)
| Â | Variables | Mean | SD | Definition |
|---|---|---|---|---|
Landscape attributes | KW Factor | 0.30 | 0.10 | Spatially weighted average over arable land of the K-W factor in the counties farmers operate |
Available water capacity | 0.16 | 0.06 | Spatially weighted average over arable land of available water capacity in the counties farmers operate | |
Std slope | 3.78 | 1.58 | Standard deviation of slope within the counties farmers operate | |
Farm characteristics | Farm size | 1150.41 | 6524.27 | Total cropland acres operated in 2010 |
Rental percentage | 0.41 | 0.37 | Share of farm acres rented | |
Irrigation percent | 0.05 | 0.21 | Share of crop land irrigated | |
Livestock | 0.52 | 0.50 | Cattle and/or hogs raised on farmers' operation in 2010 (1 = yes, 0 = no) | |
EQIP and CSP | 0.12 | 0.32 | Farmer participates in Environmental Quality Incentives Program (EQIP) and/or Conservation Stewardship Program (CSP) in 2010 (1 = yes, 0 = no) | |
Farmer demographics and characteristics | Experience | 35.85 | 15.04 | Number of years the operator has been farming |
Risk avoider | 0.40 | 0.49 | Farmer describes themselves as a risk avoider (1 = yes, 0 = no) | |
Off-farm employ | 0.53 | 0.50 | Farmers or their immediate families employed off the farm (1 = yes, 0 = no) | |
Crop insurance | 0.68 | 0.47 | Farmers grow and insure their crop (1 = yes, 0 = no) | |
Gender | 0.95 | 0.23 | Gender of farm operator (1 = male, 0 = female) | |
College | 0.34 | 0.47 | Farm operator has earned a college degree (1 = yes, 0 = no) | |
Region | West | 0.23 | 0.42 | Agricultural reporting district 10, 20 or 30 (1 = west, 0 = other area) |
East | 0.32 | 0.47 | Agricultural reporting district 70, 80 or 90 (1 = east, 0 = other area) | |
Weather | Average PZ | 0.52 | 0.11 | Mean Palmer Z Drought over past 10Â years |
Std PZ | 2.04 | 0.13 | Standard deviation of the Palmer Z Drought over past 10Â years |