Table 5 Preliminary results of reliability and validity tests of formative constructs.
Latent variable | Measurement item | Factor weight | VIF | t statistic | p value |
|---|---|---|---|---|---|
Commercial attractiveness | Diversified commercial centre (B1) | 0.419 | 1.774 | 30.274 | 0.000 |
Pleasant environment in the commercial centre (B2) | 0.414 | 1.731 | 29.493 | 0.000 | |
Large-scale commercial centre (B3) | 0.376 | 1.383 | 35.819 | 0.000 | |
Accessibility | Accessibility (workplace) (A1) | 0.432 | 2.004 | 29.661 | 0.000 |
Accessibility (residential area) (A2) | 0.419 | 1.871 | 33.627 | 0.000 | |
Parking accessibility (A3) | 0.358 | 1.308 | 30.527 | 0.000 | |
Convenience of transfers (A4) | 0.139 | 1.763 | 26.015 | 0.439 | |
Flexibility of travel modes (A5) | 0.116 | 1.258 | 28.694 | 0.398 | |
Perceived value | Social value (D1) | 0.399 | 1.618 | 37.016 | 0.000 |
Functional value (D2) | 0.39 | 1.522 | 34.557 | 0.000 | |
Emotional value (D3) | 0.412 | 1.74 | 36.793 | 0.000 |
