Estimation Results of the Panel MMNL, Model 3
Coefficient | Std. Err. | Marginal Effect Mean | ME Min | ME Max | |
---|---|---|---|---|---|
Mean | |||||
Constant | 3.285*** | 0.259 | |||
Price | −0.354*** | 0.01 | −0.048 | −0.083 | −0.013 |
Age | −0.007** | 0.003 | −0.001 | −0.002 | −0.001 |
Male | 0.375*** | 0.073 | 0.048 | 0.002 | 0.090 |
HH size | 0.021 | 0.053 | 0.003 | 0.001 | 0.005 |
Kids | −0.234** | 0.109 | −0.029 | −0.056 | −0.001 |
Low income | −0.315* | 0.171 | −0.039 | −0.076 | −0.001 |
High income | 0.751 | 0.084 | 0.009 | 0.001 | 0.018 |
Employed | −0.045 | 0.087 | −0.006 | −0.011 | −0.001 |
Single | −0.283*** | 0.087 | −0.035 | −0.068 | −0.001 |
Fisheries worldwide | −0.201*** | 0.05 | −0.024 | −0.059 | 0.005 |
Fisheries EU | −0.172*** | 0.04 | −0.021 | −0.042 | −0.001 |
Heavily overfished | −3.240*** | 0.12 | −0.280 | −0.561 | −0.001 |
Slightly overfished | −0.832*** | 0.05 | −0.081 | −0.207 | 0.011 |
Bycatch | −1.906*** | 0.10 | −0.171 | −0.422 | 0.016 |
MSC label | 0.345*** | 0.04 | 0.034 | −0.004 | 0.102 |
SD Standard Deviation | |||||
Fisheries worldwide | 0.513*** | 0.06 | |||
Fisheries EU | 0.028 | 0.07 | |||
Heavily overfished | 2.304*** | 0.10 | |||
Slightly overfished | 0.705*** | 0.06 | |||
Bycatch | 2.053*** | 0.07 | |||
MSC label | 0.574*** | 0.06 | |||
Log-likelihood | −9,366.29 | ||||
Aike information criteria | 18,776.57 | ||||
Observations | 36,360 | ||||
Participants | 505 |