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Table 4 Descriptive statistics of variables in the logistic function

From: The demand of urban residents for the biodiversity conservation in U Minh Thuong National Park, Vietnam

Variables

Description

Mean

Std.Dev.

Min.

Max.

WTP

Willingness to pay for conservation program (1 = yes, 0 = No)

0.314

0.465

0

1

Bid

Bid value (thousand VND)

58.421

35.107

10

110

Age

Age of respondents (years)

49.713

14.281

20

87

Gender

Gender of respondents (1 = Male, 0 = Female)

0.385

0.487

0

1

Graduate

Educational level of respondents (1 = Graduate or higher, 0 = otherwise)

0.232

0.423

0

1

Status

Civil status of respondents (1 = married, 0 = otherwise)

0.872

0.335

0

1

Income

Monthly household income of respondents (thousand VND)

7,547

4,073

4,500

19,500

Location

Location of respondents (1 = Can Tho, 0 = Kien Giang)

0.587

0.493

0

1

Donation

Whether respondents have made any donations (1 = yes, 0 = no)

0.702

0.458

0

1

  1. Source: Own estimates; data appendix available from authors.