Model estimates
| Piave PDO | Generic cheese without PDO | |||
|---|---|---|---|---|
| Random parameter | ||||
| Mountain product label | 1.30 | *** | 1.52 | *** |
| (0.09) | (0.11) | |||
| Organic certification | 1.30 | *** | 1.50 | *** |
| (0.08) | (0.09) | |||
| Fixed Parameter | ||||
| Price | −0.08 | *** | −0.03 | ** |
| (0.01) | (0.01) | |||
| Mountain*Organic | −0.19 | n.s | −0.13 | n.s |
| (0.24) | (0.24) | |||
| SD | ||||
| Mountain product label | 1.45 | *** | 1.88 | *** |
| (0.49) | (0.43) | |||
| Organic certification | 0.18 | n.s | −0.19 | n.s |
| (0.58) | (0.52) | |||
| Number of respondents | 300 | 300 | ||
| Number of Obs | 8,100 | 8,100 | ||
| Log-likelihood | −2643.66 | −2483.07 | ||
| McFadden pseudo R2 | 0.112 | 0.163 | ||
| Piave PDO | Generic cheese without PDO | |||
|---|---|---|---|---|
| Mountain product label | 1.30 | *** | 1.52 | *** |
| (0.09) | (0.11) | |||
| Organic certification | 1.30 | *** | 1.50 | *** |
| (0.08) | (0.09) | |||
| Price | −0.08 | *** | −0.03 | ** |
| (0.01) | (0.01) | |||
| Mountain*Organic | −0.19 | n.s | −0.13 | n.s |
| (0.24) | (0.24) | |||
| M | 1.45 | *** | 1.88 | *** |
| (0.49) | (0.43) | |||
| Organic certification | 0.18 | n.s | −0.19 | n.s |
| (0.58) | (0.52) | |||
| Number of respondents | 300 | 300 | ||
| Number of Obs | 8,100 | 8,100 | ||
| Log-likelihood | −2643.66 | −2483.07 | ||
| McFadden pseudo | 0.112 | 0.163 | ||
Note(s): * Significance at 10% level; ** Significance at 5% level; *** Significance at 1% level; n.s. Not significant. Standard errors in parentheses.
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