Table 4 Basic regression.

CE

7.2*** (8.45)

6.4593*** (7.81)

8.9884*** (9.93)

Physical capital

0.9828** (2.14)

0.9695** (2.15)

0.3921 (0.82)

Natural capital

1.8906* (1.72)

1.8412*(1.7)

2.5127** (2.19)

Human capital

1.6964*** (3.84)

1.4544*** (3.36)

2.8392*** (6.45)

Economic capital

2.0046*** (5.39)

1.8005*** (4.9)

1.8924*** (4.76)

Social capital

0.6978* (1.66)

0.7226* (1.73)

1.3076*** (2.83)

Information capital

1.1941*** (3.18)

1.0559*** (2.85)

1.2571*** (3.13)

Environmental regulation

1.2298*** (3.08)

1.3238*** (3.12)

1.5446*** (3.86)

1.5912*** (3.74)

1.0682** (2.4)

1.1469** (2.41)

Age

0.0116 (1.39)

0.0134 (1.59)

0.007 (0.84)

0.0087 (1.03)

0.0096 (1.03)

0.0106 (1.11)

Gender

0.149 (1.07)

0.1274 (0.9)

0.1782 (1.28)

0.1551 (1.1)

0.1531 (0.98)

0.1076 (0.67)

Years of farming experience

0.015** (2.11)

0.0148** (2.06)

0.0148** (2.09)

0.0145** (2.01)

0.0162** (2.02)

0.0149* (1.83)

Cadre status

0.8673*** (3.03)

0.8635*** (2.97)

0.7154*** (2.61)

0.699** (2.51)

0.7981*** (2.93)

0.7894*** (2.85)

Perception of natural disasters

-0.0895** (-1.96)

-0.0853* (-1.84)

-0.0842* (-1.85)

-0.0785* (-1.7)

-0.098* (-1.92)

-0.0993* (-1.9)

Risk preference

-0.2043** (-2.36)

-0.1785** (-1.96)

-0.2129** (-2.46)

-0.1909** (-2.1)

-0.207** (-2.16)

-0.1581 (-1.56)

Eastern region

0.2573 (1.54)

0.2294 (1.35)

0.2663 (1.59)

0.2355 (1.39)

0.1037 (0.56)

0.0564 (0.3)

Western region

0.2211 (1.31)

0.241 (1.4)

0.2067 (1.23)

0.2202 (1.28)

-0.024 (-0.13)

-0.043 (-0.22)

LRx²(F)

150.77

175.39

140.13

163.11

184.81

207.8

Log likelihood

-623.02081

-610.7092

-625.2905

-613.7989

-527.1946

-515.6981

Pseudo R²

0.1079

0.1256

0.1008

0.1173

0.1491

0.1677

N

1008

1008

1008

1008

1008

1008