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Table 4 Estimated regression coefficient of the most effective variables of the logit model

From: Estimation of conservation value of myrtle (Myrtus communis) using a contingent valuation method: a case study in a Dooreh forest area, Lorestan Province, Iran

Variable

Estimated coefficient

Standard deviation

t-value

p value

Elasticity

Marginal effect

Constant coefficient

1.97

1.097

1.796

0.073

0.881

–

Educationa

0.049

0.024

2.031

0.042

0.284

0.121 × 10−1

Household sizeb

−0.581

0.081

−7.159

0

−1.26

−0.144

Monthly incomeb (in thousand Rials)

0.0027

0.0003

8.998

0

1.732

0.665 × 10−3

BID (Rials)

−0.0018

0.0002

−9.122

0

−1.8

−0.456 × 10−3

  1. Likelihood ratio statistic  =  157.656, probability (LR statistic)  = 0, McFadden R-square =  0.234, Percentage of right predictions =  0.76, aStatistical significance at 5 % level. bStatistical significance at 1 % level