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Choosing brands: fresh produce versus other products.


by Jin, Yanhong H.^Zilberman, David^Heiman, Amir
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student (0.02) (0.03) (0.04) (0.02) IG: Gender = female 0.06 *** 0.06 *** 0.06 ** 0.06 ***

(0.02) (0.02) (0.03) (0.01) Black and African 0.20 *** 0.24 *** 0.24 *** 0.20 ***

American (0.04) (0.04) (0.06) (0.03) Asian 0.04 ** 0.05 ** 0.05 * 0.03

(0.02) (0.02) (0.03) (0.02) Hispanics 0.07 ** 0.09 ** 0.09 * 0.06 *

(0.03) (0.04) (0.06) (0.03) Other races -0.03 -0.08 -0.09 -0.02

(0.06) (0.07) (0.10) (0.06) hsize: Household size -0.02 *** -0.02 *** -0.02 ** -0.02 ***

(0.01) (0.01) (0.01) (0.01) Constant 0.38 *** 0.37 *** 0.38 *** 0.35 ***

(0.06) (0.07) (0.10) (0.06) Log likelihood -163 -396 -304 -117 Pseudo R-square 0.08 0.13 0.15

Estimated Coefficients

Tobit RE-Tobit Marginal

Effects IPREF.. Strong brand 0.20 *** 0.19 *** 0.16

preference = 8,9,10 -0.02 -0.02 [0.01] IP = E: Electronic 0.06 *** 0.06 *** 0.05

(0.03) (0.02) [0.01] IP = C: Clothing 0.08 *** 0.08 *** 0.06

(0.02) (0.02) [0.01] IP = P: Packaged food 0.04 * 0.04 ** 0.05

(0.02) (0.02) [0.01] INC: Income per capita 0.002 * 0.002

(0.00) (0.00) 0.001 INC: Income square -0.00 -0.00 [0.00]

(0.00) (0.00) age: Age -0.01 *** -0.01 *

(0.00) (0.01) -0.002 [age.sup.2]: Age square 0.00 ** 0.00 * [0.00]

(0.00) (0.00) edu1: College and -0.09 *** -0.09 ** -0.07

above (0.03) (0.04) [0.01] edu2: Current college 0.04 0.03 0.03

student (0.02) (0.04) [0.00] IG: Gender = female 0.06 *** 0.06 ** 0.05

(0.02) (0.03) [0.01] Black and African 0.22 *** 0.22 *** 0.19

American (0.04) (0.06) [0.02] Asian 0.04 * 0.04 0.03

(0.02) (0.03) [0.00] Hispanics 0.08 ** 0.08 [0.06 ]

(0.04) (0.06) [0.01] Other races -0.06 -0.07

(0.07) (0.10) hsize: Household size -0.02 *** -0.02 *** -0.02

(0.01) (0.01) [0.00] Constant 0.33 *** 0.34 ***

(0.07) (0.10) Log likelihood -346 -250 Pseudo R-square 0.24 Note: Figures in parentheses are White heteroskedastic consistent standard errors and figures in brackets are standard errors of the estimated marginal effects. Single, double, or triple asterisks (*, **, ***) represent significance at the 1%, 5%, and 10 levels, respectively. Table 5. Estimation Results and Marginal Effects of the Ordered Probit Models on the Stated WTP Ranges ([IW.sub.ik])

Estimated Marginal Effects On

Coefficients The OPROBIT Model

with Brand Preference Independent P P Variables: OPROBIT OPROBIT (IW = 1) (IW = 2) IPREF Brand 0.70 *** -0.27 0.05

preference > 7 / (0.08) [0.03] [0.01] IP=E: Electronic 0.58 *** 0.34 *** -0.14 0.03

(0.07) (0.08) [0.03] [0.01] IP=C: Clothing 0.33 *** 0.33 *** -0.14 0.03

(0.08) (0.08) [0.02] [0.01] IP=P: Packaged 0.07 * 0.13 ** -0.05 0.01

food (0.06) (0.06) [0.03] [0.01] INC: Income per 0.01 0.01 -0.0016 0.0004

capita (0.01) (0.01) [INC.sup.2]: Income -0.00 -0.00 [0.00] [0.00]

square (0.00) (0.00) age: Age -0.04 * -0.04 ** 0.0036 0.0007

(0.04) (0.02) [age.sup.2]: Age square 0.00 * 0.00 * [0.01] [0.00]

(0.00) (0.00) edu1: College and -0.38 ** -0.30 * 0.12 -0.02

above

(0.17) (0.17) [0.06] [0.01] edu2: Current 0.13 0.14 -0.06 0.01

college student (0.14) (0.14) [0.05] [0.01] IG:Gender= 0.25 ** 0.26 ** -0.10 0.03

female (0.11) (0.11) [0.04] [0.01] Black & African 0.96 *** 0.93 *** -0.31 -0.02

American

(0.21) (0.22) [0.06] [0.03] Asian 0.19 * 0.15 -0.06 0.01

(0.13) (0.13) [0.05] [0.01] Hispanics 0.47 ** 0.44 ** -0.17 0.02

(0.20) (0.22) [0.08] [0.01] Other races -0.29 -0.24 0.10 -0.03

(0.61) (0.40) [0.16] [0.06] Hsize: Household -0.10 -0.06 0.02 -0.01

size (0.40) (0.04) [0.02] [0.00]

Marginal Effects On The OPROBIT Model

with Brand Preference Independent P P P P Variables: (IW = 3) (IW = 4) (IW = 5) (IW = 6) IPREF Brand 0.08 0.06 0.04 0.04

preference > 7 [0.01] [0.01] [0.01] [0.01] IP=E: Electronic 0.04 0.03 0.02 0.02

[0.01] [0.01] [0.01] [0.01] IP=C: Clothing 0.04 0.03 0.02 0.02

[0.01] [0.01] [0.01] [0.01] IP=P: Packaged 0.01 0.01 0.01 0.01

food [0.01] [0.00] [0.00] [0.00] INC: Income per 0.0004 0.0003 0.0002 0.0003

capita [INC.sup.2]: Income [0.00] [0.00] [0.00] [0.00]

square age: Age -0.001 -0.0007 -0.0005 -0.007 [age.sup.2]: Age square [0.00] [0.00] [0.00] [0.00] edu1: College and -0.04 -0.02 -0.02 -0.02

above

[0.02] [0.02] [0.01 [0.01] edu2: Current 0.02 0.01 0.01 0.01

college student [0.02] [0.01] [0.01] [0.01] IG:Gender= 0.03 0.02 0.01 0.01

female [0.01] [0.01] [0.01] [0.00] Black & African 0.09 0.08 0.07 0.09

American

[0.02] [0.02] [0.02] [0.04] Asian 0.02 0.01 0.01 0.01

[0.02] [0.01] [0.01] [0.01] Hispanics 0.05 0.04 0.03 0.03

[0.02] [0.02] [0.02] [0.02] Other races -0.03 -0.02 -0.01 -0.01

[0.05] [0.02] [0.01] [0.01] Hsize: Household -0.01 -0.00 -0.00 -0.00

size [0.00] [0.00] [0.00] [0.00] Cut Estimated Points Cut Points [C.sub.1] -0.65 -0.52

(0.43) (0.44) [C.sub.2] 0.24 0.41

(0.42) (0.44) [C.sub.3] 0.74 0.93

(0.42) (0.43) [C.sub.4] 1.11 1.32

(0.42) (0.43) [C.sub.5] 1.50 1.74

(0.41) (0.42) No. of OBS 1208 1207 Pseudo [R.sup.2] 0.05 0.07 Cut Probability Points [C.sub.1] prob([IW.sub.ik] = 1) = prob(0 [less than or

equal to] [W.sup.*.sub.ik] < [C.sub.1]) [C.sub.2] prob([IW.sub.ik] = 2) = prob([C.sub.1] [less than or

equal to] [W.sup.*.sub.ik] < [C.sub.2]) [C.sub.3] prob([IW.sub.ik] = 3) = prob([C.sub.2] [less than or

equal to] [W.sup.*.sub.ik] < [C.sub.3]) [C.sub.4] prob([IW.sub.ik] = 4) = prob([C.sub.3] [less than or


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COPYRIGHT 2008 American Agricultural Economics Association Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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