Table 5: The estimation results of WTP1 and HI1.

Variable WTP1
(Control)
HI1
(Control)
WTP1
(Treatment)
HI1
(Treatment)
C -38391.39
(-0.12)
-2.17
(-1.09)
299344.80
(0.84)
-0.89
(-0.39)
Age 7573.83
(1.31)
0.01
(0.21)
-669.11
(-0.10)
0.01
(0.12)
Edu 1690.47
(0.03)
0.01
(0.02)
-71877.89
(-1.45)
-0.21
(-0.65)
Empl 127794.70
(2.35) **
0.34
(1.00)
19037.48
(0.26)
0.15
(0.33)
Gnder -66092.22
(-0.79)
0.50
(0.94)
-119817.30
(-1.34)
-0.57
(-0.88)
Inc 174020.80
(2.03) **
1.20
(2.15)**
349498.50
(4.93)*
1.55
(2.85)*
Ls 94436.16
(1.02)
0.42
(0.71)
44345.95
(0.53)
0.59
(1.12
Stat 1f -355618.10
(-2.23) **
-1.06
(-1.11)
-177444.50
(-1.82) ***
-1.01
(-1.36)
R Squared 0.28
F statistic 2.37
Prob (F statistic) 0.04
McFad R Squared 0.17
LR statistic 11.69
Prob (LR statistic) 0.11
R Squared 0.46
F statistic 5.12
Prob (F statistic) 0.00
McFad R Squared 0.28
LR statistic 16.37
Prob (LR statistic) 0.02
* denotes significance at α = 1%
** denotes significance at α = 5%
*** denotes significance at α = 10%