Table 4 Estimation result of the willingness to pay.
Variables | Coefficient | T values | P values |
|---|---|---|---|
Constant | 0.770 | 11.421 | 0 *** |
Beta | 0.010 | 24.340 | 0 *** |
Spike | 0.276 | 21.689 | 0 *** |
Willingness to pay(mean) | 108.711 CNY | 22.933 | 0 *** |
Interval_95 | 99.755 7.968 CNY | ||
Interval_99 | 97.621 22.856 CNY | ||
Wald-statics | 594.011 | 0 * ** | |
Log-likelihood | −1530.632 |