Table 2.
Coefficient estimates from censored regressions on WTP for animal welfare-enhanced pet food
| Dog (n = 589) | Cat (n = 250) | |||
|---|---|---|---|---|
| Coefficients | Estimate | SE | Estimate | SE |
| Intercept | 2.82*** | 0.35 | 2.07*** | 0.50 |
| Female | 0.18* | 0.10 | 0.35* | 0.16 |
| Children in the household | –0.35*** | 0.12 | –0.42** | 0.18 |
| Age (reference = 18-23) | ||||
| 24–29 | –0.50* | 0.30 | –0.17 | 0.39 |
| 30–35 | –0.21 | 0.30 | –0.02 | 0.39 |
| 36–40 | –0.37 | 0.34 | 0.36 | 0.42 |
| 41–45 | –0.77** | 0.34 | –0.48 | 0.45 |
| 46–50 | –0.68** | 0.34 | 0.52 | 0.50 |
| 51–55 | –0.84** | 0.34 | 0.00 | 0.50 |
| 56–60 | –0.73* | 0.38 | –0.37 | 0.48 |
| 61–65 | –0.40 | 0.44 | 0.12 | 0.55 |
| Older than 65 | 0.13 | 0.53 | –0.19 | 0.83 |
| Household size (reference = 1) | ||||
| Two | 0.03 | 0.16 | 0.63** | 0.27 |
| Three | 0.06 | 0.16 | 0.33 | 0.27 |
| Four | 0.26* | 0.15 | 0.31 | 0.29 |
| Five or more | 0.22 | 0.23 | 0.53 | 0.36 |
| Education (reference = four-year Degree) | ||||
| Less than High School | –1.01 | 0.88 | 0.06 | 0.71 |
| High School/GED | 0.26 | 0.22 | 0.15 | 0.32 |
| Some college | 0.34 | 0.21 | 0.11 | 0.24 |
| 2-year degree | 0.28 | 0.22 | –0.23 | 0.27 |
| Master’s degree | –0.39*** | 0.12 | –0.06 | 0.22 |
| Doctorate degree | –0.61 | 0.48 | –0.40 | 0.71 |
| Professional degree (JD, MD, DVM) | 0.78* | 0.43 | . | . |
| Income (reference = less than $US30,000) | ||||
| $US30,000 – $US59,999 | –0.10 | 0.14 | 0.57** | 0.24 |
| $US60,000 – $US89,999 | –0.11 | 0.15 | 0.34 | 0.25 |
| $US90,000 – $US119,999 | 0.31* | 0.18 | 0.30 | 0.29 |
| $US120,000 – $US149,999 | 0.38 | 0.30 | 0.13 | 0.44 |
| $US150,000 or more | 5.67 | 67.4 | 0.15 | 0.86 |
| BID | –0.63*** | 0.03 | –0.65*** | 0.05 |
| Log-likelihood: | –705.33 | –311.72 | ||
*, **, and *** indicate statistical significance at the 10%, 5%, and 1% levels, respectively.
WTP: Willingness-to-pay.