Table 4.
Testing of structural relationships and control variables in the TPAM and VAM.
| Time perspective activation model (TPAM) | Value activation model (VAM) | ||||
|---|---|---|---|---|---|
| Paths | Standardized coefficients | t-values | Paths | Standardized coefficients | t-values |
| Direct effects | |||||
| HV → future | 0.21 | 4.14*** | Future → HVs | 0.19 | 4.24*** |
| 0.22 | 4.95*** | 0.17 | 3.65*** | ||
| HV → present | 0.39 | 7.17*** | Present → HVs | 0.37 | 7.41*** |
| 0.56 | 11.28*** | 0.51 | 10.17*** | ||
| BV → future | 0.24 | 5.04*** | Future → BVs | 0.27 | 6.12*** |
| 0.47 | 10.89*** | 0.55 | 11.76*** | ||
| BV → present | 0.09 | 1.92ns | Present → BVs | 0.18 | 3.88*** |
| 0.07 | 1.63ns | 0.04 | 0.95ns | ||
| HV → WTP | −0.35 | −6.36*** | −0.35 | −6.36*** | |
| −0.29 | −4.76*** | −0.29 | −4.76*** | ||
| BV → WTP | 0.37 | 7.49*** | 0.37 | 7.49*** | |
| 0.39 | 7.00*** | 0.39 | 7.00*** | ||
| Future → WTP | 0.09 | 1.92ns | 0.09 | 1.92ns | |
| 0.02 | 0.34ns | 0.02 | 0.34ns | ||
| Present → WTP | 0.08 | 1.61ns | 0.08 | 1.61ns | |
| −0.02 | −0.04ns | −0.02 | −0.41ns | ||
| Indirect effects | |||||
| HVs → future → WTP | 0.021/0.002 (0.011/0.012)a | 1.91ns | Future → HVs → WTP | −0.066/−0.049 (0.018/0.020)a | −3.69*** |
| 0.17ns | 2.45** | ||||
| HVs → present→ WTP | 0.039/−0.010 (0.022/0.034)a | 1.77ns | Present → HVs → WTP | −0.129/−0.148 (0.028/0.033)a | 4.63*** |
| −0.29ns | 4.48*** | ||||
| BVs → future → WTP | 0.022/0.005 | 1.83ns | Future → BVs → WTP | 0.099/0.215 (0.017/0.036)a | 5.88*** |
| (0.012/0.025)a | 0.20ns | 5.96*** | |||
| BVs → present → WTP | 0.009/−0.001 (0.007/0.005)a | 1.29ns | Present → BVs → WTP | 0.067/0.017 (0.018/0.018)a | 3.70*** |
| −0.20ns | 0.87ns | ||||
| Controlled variables | |||||
| Age → WTP | −0.22 | −5.41*** | −0.22 | −5.41*** | |
| −0.22 | −5.40*** | −0.22 | −5.39*** | ||
| Gender → WTP | −0.06 | −1.53ns | −0.06 | −1.53ns | |
| −0.06 | −1.49ns | −0.06 | −1.49ns | ||
| Marital status → WTP | 0.02 | 0.63ns | 0.02 | 0.63ns | |
| 0.03 | 0.73ns | 0.03 | 0.74ns | ||
| Education → WTP | 0.11 | 2.85** | 0.11 | 2.85** | |
| 0.11 | 2.89** | 0.11 | 2.88** | ||
| Weight → WTP | −0.03 | −0.66ns | −0.03 | −0.66ns | |
| −0.03 | −0.65ns | −0.03 | −0.63ns | ||
| Fit indices | |||||
| Chi-squared (df) | 579.82 (216)/446.82 (176) | 579.82 (216)/446.82 (176) | |||
| GFI | 0.924/0.035 | 0.924/0.935 | |||
| CFI | 0.948/0.962 | 0.948/0.962 | |||
| RMSEA | 0.052/0.049 | 0.052/0.049 | |||
| AIC | 699.823/556.818 | 699.823/556.812 | |||
| R2 (WTP) | 21.7%/20.4% | 21.7%/20.4% | |||
The standardized errors of indirect effects were estimated using bootstrapping.
HVs, hedonic values; BVs, biospheric values; WTP, willingness to pay. The results for the Temporal Importance Scale are in bold. nsp > 0.05; *p < 0.05; **p < 0.01; ***p < 0.001.