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Table 5 Estimated random parameters logits for E85, with E0 and E10 as the base fuels a

From: Greenhouse gas emission reductions as a motivator of e85 purchases across market segments

  E0 base E10 base
Variable Estimated coefficient Standard error z Estimated coefficient Standard. error z
Mean
Price −1.9492 0.1057 −18.44a −1.9241 0.1019 −18.88a
Import −0.0229 0.0022 −10.36a −0.0332 0.0025 −13.36a
Inconvenience −0.2085 0.0173 −12.06a −0.2076 0.0158 −13.13a
E85 3.1436 0.4331 7.26a 3.9106 0.4251 9.20a
Reduce 0.0073 0.0067 4.29a 0.0019 0.0018 1.04
Potential activist*Reduce 0.0021 0.0024 0.86 0.0059 0.0026 2.31b
Environmental*Reduce 0.0163 0.0030 5.36a 0.0174 0.0028 6.29a
National interest*Reduce −0.0060 0.0027 −2.19b 0.0001 0.0024 0.03
Standard deviation
Import 0.0393 0.0026 15.05a 0.0428 0.0027 15.85a
Inconvenience −0.2287 0.0217 −10.55a 0.2403 0.0189 12.77a
E85 5.1851 0.7015 7.39a 3.864 0.4097 9.43a
Reduce −0.0143 0.0015 −9.31a −0.0136 0.0015 −9.14a
Number of observations 34,996    38,656   
LLR Test Against Intercept Only 709.49a    748.86a   
  1. a and b represent significance levels of 0.05 and 0.01, respectively.