Table 6

Fixed–effects negative binomial regression results for social interaction-oriented content's effect on purchasing behavior

Model 1Model 2Model 3
β (se)pβ (se)pβ (se)p
Intercept5.345 (0.162)0.0005.324 (0.165)0.0005.374 (0.161)0.000
Gender−0.132 (0.069)0.056−0.161 (0.071)0.023−0.132 (0.074)0.077
Promotion capability0.031 (0.061)0.6130.051 (0.062)0.6230.027 (0.060)0.648
Broadcaster type0.095 (0.035)0.0060.103 (0.034)0.0030.099 (0.034)0.004
Number of fans0.172 (0.049)0.0000.030 (0.049)0.0010.201 (0.051)0.000
Number of live broadcasts per month−0.098 (0.071)0.163−0.095 (0.070)0.175−0.105 (0.070)0.129
Live-stream word counts per minute0.070 (0.030)0.0200.058 (0.029)0.0510.050 (0.030)0.097
Broadcaster popularity (BP)0.095 (0.044)0.0000.076 (0.043)0.0000.071 (0.043)0.000
Social interaction-oriented content (SC)  0.129 (0.029)0.0000.142 (0.028)0.000
SC2  −0.008 (0.001)0.000−0.014 (0.007)0.025
SC * BP    0.051 (0.026)0.003
SC2 * BP    −0.016 (0.011)0.002
VIF1.501.512.74
Log likelihood−175988.34−175934.05−175918.12
Wald χ221.900.00256.760.00072.980.000
AIC351,994351,890351,864
BIC352,071351,983351,983
N35,73635,73635,736

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