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Table 2 Stage 1—CV summary statistics

From: Sustainable intensification of beef production in Colombia—Chances for product differentiation and price premiums

Variable

Description

Obs.

Mean

SD

Min

Max

GENDER

1=female, 0=male

168

0.65

0.48

0

1

AGE

In years

168

46.95

15.74

18

80

EDUC

Average years of schooling

167

13.00

3.53

3

19

STRATA

Household strata (1–6).

168

3.14

1.18

1

6

HHSIZE

Number of people in the household

167

3.32

1.65

1

13

CHILD

1=children under 12 are living in the household

168

0.30

0.46

0

1

PCINCOME

Monthly per capita income in USD

167

304.4

329.3

34.0

2083.4

PCBEEFEXP

Monthly per capita beef expenditure in USD

167

10.1

16.5

0.0

173.6

FREQBEEF

Frequency of beef consumption in household (times per week)

167

2.57

1.38

0

7

PREFBEEF

1=respondent prefers beef over other meat alternatives

168

0.31

0.46

0

1

PAYMORE

1=pays more for beef with less environmental impact

166

0.70

0.46

0

1

HOWMUCH

WTP in USD/lb. of beef

168

0.34

0.97

0

2.43