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Table 3 Comparison of means for ‘valid/invalid’ WTP responses

From: Estimating farmers’ willingness to pay for weather index-based crop insurance uptake in West Africa: Insight from a pilot initiative in Southwestern Burkina Faso

 

Positive WTP responses

Invalid WTP responses

 

Variable

Coef.

Std. Err.

Coef.

Std. Err.

t-stat

Age

46.1

0.933

50.2

2.022

−1.53

Access_irrigation

0.42

0.03

0.55

0.091

−1.98*

Education

2.7

0.246

2.5

0.680

0.24

Farm_activities

1.0

0.006

1.0

0.032

1.18

Farming_expirience

31.0

0.988

32.2

2.693

−0.41

Gender

0.92

0.017

0.90

0.054

0.39

Household_income

165,317.0

10,437.1

150,179.8

28,728.6

0.50

Household_size

11.7

0.708

11.2

1.190

0.29