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

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

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

ISSN: 2192-0567