Table 6.
Regression of Mixed Logit model.
| Variables | Coefficient (β) | Std. Error | t-value |
|---|---|---|---|
| TORE2 | −0.0782 | 0.0995 | −0.79 |
| TORE3 | −0.1445 | 0.1143 | −1.27 |
| TORE4 | −0.0778 | 0.1050 | −0.74 |
| PL2 | 0.2730*** | 0.0843 | 3.24 |
| PL3 | 0.3488*** | 0.0801 | 4.35 |
| GHG2 | 0.1272 | 0.1008 | 1.26 |
| GHG3 | 0.0697 | 0.0935 | 0.74 |
| RE FUND | −0.1224* | 0.0714 | −1.71 |
| Summary Statistics | |||
| Number of observations 1600 | |||
| Log Likelihood −1716.0239 | |||
| Log Likelihood, No coefficients −1729.6114 | |||
| Pseudo R2 0.0079 | |||
| Adjusted Pseudo R2 0.0022 | |||
Note: (*) 10% level, (**) 5% level, (***) 1% level.