TABLE 4

Regression Results

Oysters in Alabama N = 1,395Oysters in Louisiana N = 1,254bSalt Marsh in Alabama N = 489Salt Marsh in Louisiana N = 1,016bMangroves in Louisiana N = 488b
Coef.Std. Err.Coef.Std. Err.Coef.Std. Err.Coef.Std. Err.Coef.Std. Err.
Pricea−4.62***0.09−4.42***0.08−4.56***0.18−4.80***0.11−4.74***0.19
Water quality (10%)0.68***0.110.50***0.130.75***0.210.47***0.131.06***0.23
Water quality (20%)Q 94***0.130.74***0.140.63***0.230.80***0.14U2***0.26
Flood protection (10%)0.27***0.100.70***0.120.35*0.200.56***0.14Q77***0.22
Flood protection (15%)0.51***0.13094***0.150.65**0.280.92***0.150.70**0.27
Fisheries support (20%)0.27**0.110.32***0.120.62***0.210.33***0.130.040.23
Fisheries support (30%)0.33***0.100.73***0.120.98***0.210 40***0.130.39*0.23
Bird population (5%)0.20*0.110.63***0.130.93***0.250.37***0.140.40*0.21
Bird population (10%)0.53***0.110.55***0.121.28***0.220.61***0.120.280.19
Action alternative dummy−4.80***1.49−4.91**2.01−4.93***1.42−6.31***1.582.253.62
Variables Interacted with the Action Alternative Dummy
Survey will influence policy3.57***1.296.75***1.821.75***0.684.59***0.950.981.78
Household will have to pay0.270.433.42***1.290.200.41ļ 99***0.760.741.52
Considered budget1.71**0.69−0.811.131.24**0.52−0.870.74−3.58**1.43
Shopping and living changes1.08**0.441.150.720.95**0.430.88*0.462.04**0.94
Confidence (federal)0.83*0.440.550.82−0.95**0.420.690.59−1.711.46
Confidence (state)1.08**0.491.120.970.600.380.210.520.751.17
Age−0.03**0.020.030.03−0.020.010.030.020.070.05
Male0.320.40−2.12**1.010.410.410.060.61−0.371.17
Income0.16**0.070.24**0.110.17**0.080.16**0.08−0.110.16
Unemployed0.340.40−2.39**1.160.280.441.55**0.74−1.411.42
Hispanic3.36*1.810.912.130.931.16−2.78*1.482.183.10
2nd choice question−0.611.04−0.860.70−1.020.67
3rd choice question−2.05**0.93−2.12***0.63−1.480.97
4th choice question−1.99*1.02−2.22***0.62−2.12***0.82
Latent Random Effects Parameters (co)
ω (action alternatives)3.68**1.567.50***1.961.561.114.10***0.784 04***1.13
Log-likelihood value−1,212.05−918.59−393.77−841.94−344.26
Wald chi-squared (22 for Alabama, 25 for Louisiana)695.92***853.63***256.32***637.62***286.91***
  • a The estimates shown are of the log of the full price coefficient.

  • b In these treatments, N represents the number of unique choice situations as some respondents answered four choice questions.

  • *, **, *** Significance at the 10%, 5%, and 1% levels, respectively.