Table 4 Estimation results: conditional... | Emerald Publishing

Table 4

Estimation results: conditional logit and latent class model

	Conditional logit	Latent class model
		Class 1	Class 2	Class 3	Class 4
		Eco-friendly	Time-saving lovers	Nationalists	Price sensitive
CE attributes
Price	−0.300***	−0.093	−0.476***	−0.577***	−12.988***
	(0.025)	(0.066)	(0.069)	(0.129)	(3.978)
orig_ita	1.597***	1.124***	1.684***	4.306***	37.087***
	(0.051)	(0.203)	(0.134)	(0.381)	(11.882)
pack_eco	0.331***	1.422***	0.705***	−0.087	−26.855***
	(0.049)	(0.148)	(0.127)	(0.221)	(8.758)
p_type	−0.590***	−1.625***	1.922***	−1.669***	−29.609***
	(0.045)	(0.158)	(0.155)	(0.255)	(8.790)
Membership parameters
Health		−0.181	−0.339*	−0.106
		(0.159)	(0.174)	(0.145)
Conv		0.199*	0.676***	0.292***
		(0.108)	(0.129)	(0.100)
Fresh		−0.367**	−0.566***	−0.282*
		(0.174)	(0.176)	(0.160)
Shell		0.093	−0.418***	−0.058
		(0.119)	(0.113)	(0.098)
Innov		0.058	0.024	−0.078
		(0.119)	(0.145)	(0.106)
Sex		−0.092	−0.253	0.122
		(0.341)	(0.389)	(0.327)
Income		0.020	0.006	−0.071
		(0.211)	(0.235)	(0.192)
Edu		−0.345	−0.108	−0.272
		(0.232)	(0.272)	(0.211)
n_fam		0.118	0.274*	0.131
		(0.127)	(0.146)	(0.115)
age1		0.278	1.043*	0.104
		(0.423)	(0.548)	(0.423)
age2		−0.772*	0.213	−0.066
		(0.456)	(0.560)	(0.403)
age3		−0.801*	0.176	−0.413
		(0.467)	(0.587)	(0.425)
age4		0.092	−0.208	0.244
		(0.561)	(0.817)	(0.542)
Cons		2.790*	3.702**	2.920**
		(1.488)	(1.613)	(1.395)
Class probability		0.264	0.212	0.339	0.186
N. obs	13,146	13,146
Log-likelihood	−4,102.2698	−3,145.8908
McFadden's pseudo R²	0.148	0.624

	Conditional logit	Latent class model
		Class 1	Class 2	Class 3	Class 4
		Eco-friendly	Time-saving lovers	Nationalists	Price sensitive
CE attributes
Price	−0.300***	−0.093	−0.476***	−0.577***	−12.988***
	(0.025)	(0.066)	(0.069)	(0.129)	(3.978)
orig_ita	1.597***	1.124***	1.684***	4.306***	37.087***
	(0.051)	(0.203)	(0.134)	(0.381)	(11.882)
pack_eco	0.331***	1.422***	0.705***	−0.087	−26.855***
	(0.049)	(0.148)	(0.127)	(0.221)	(8.758)
p_type	−0.590***	−1.625***	1.922***	−1.669***	−29.609***
	(0.045)	(0.158)	(0.155)	(0.255)	(8.790)
Membership parameters
Health		−0.181	−0.339*	−0.106
		(0.159)	(0.174)	(0.145)
Conv		0.199*	0.676***	0.292***
		(0.108)	(0.129)	(0.100)
Fresh		−0.367**	−0.566***	−0.282*
		(0.174)	(0.176)	(0.160)
Shell		0.093	−0.418***	−0.058
		(0.119)	(0.113)	(0.098)
Innov		0.058	0.024	−0.078
		(0.119)	(0.145)	(0.106)
Sex		−0.092	−0.253	0.122
		(0.341)	(0.389)	(0.327)
Income		0.020	0.006	−0.071
		(0.211)	(0.235)	(0.192)
Edu		−0.345	−0.108	−0.272
		(0.232)	(0.272)	(0.211)
n_fam		0.118	0.274*	0.131
		(0.127)	(0.146)	(0.115)
age1		0.278	1.043*	0.104
		(0.423)	(0.548)	(0.423)
age2		−0.772*	0.213	−0.066
		(0.456)	(0.560)	(0.403)
age3		−0.801*	0.176	−0.413
		(0.467)	(0.587)	(0.425)
age4		0.092	−0.208	0.244
		(0.561)	(0.817)	(0.542)
Cons		2.790*	3.702**	2.920**
		(1.488)	(1.613)	(1.395)
Class probability		0.264	0.212	0.339	0.186
N. obs	13,146	13,146
Log-likelihood	−4,102.2698	−3,145.8908
McFadden's pseudo R²	0.148	0.624

Note(s): * Significance at 10% level; ** Significance at 5% level; *** Significance at 1% level. Standard errors in parentheses