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Socioeconomic Drivers of Conservation Commitment: Residents’ Willingness to Pay for Ecosystem Services Provided by Beaches in Lagos State, Nigeria

Research Journal of Ecology and Environmental Sciences | Vol 3, Issue 1

Table 4. Determinants of Willingness to Pay for Ecosystem Services Provided by Beaches

Are you Willing to Pay?VariablesCo-efficientStandard ErrorWalddfSig.Exp(B)
YesIntercept-4.95064613.22930.000010.9991 

Age-0.1218***0.04686.781910.00921.1296

Household Size-0.5985***0.23016.768110.00931.8194

Female0.14710.96400.023310.87871.1585

Single-13.41564605.16650.000010.99770.0000

Married-14.02024605.16620.000010.99760.0000

Co-habiting/Partners-19.88704606.59630.000010.99660.0000

Unemployed7.7937272.61910.000810.97722425.1997

Self-employed10.8030272.61370.001610.968449167.8317

Employed8.8594272.61610.001110.97417040.1668

Less than N50,000-4.29993.52361.489110.22230.0136

N50,000 - N149,999-2.32381.26173.392410.06550.0979

N150,000 - N249,999-2.72971.61832.845410.09160.0652

Above N249,999-1.93831.30062.221010.13610.1439

No formal education-3.9100**1.55536.320110.011949.8985

Secondary1.16111.39000.697810.40353.1935

MaybeIntercept25.575148.11810.282510.5951 

Age-0.1073***0.04894.811910.02830.8983

Household Size0.01410.09320.022910.87981.0142

Female0.03410.43780.006110.93791.0347

Single-16.0620***0.9160307.7241<0.0011.058e-7

Married-15.9080***0.928293.9351<0.0011.234e-7

Co-habiting/Partners-0.8960421.31700.000010.99800.4080

Unemployed-8.301048.08850.029810.86300.0002

Self-employed-8.894048.08580.034210.85330.0001

Employed-8.931848.08270.034510.85260.0001

Less than N50,000-1.77841.00363.140310.07640.1689

N50,000 - N149,999-0.38580.58070.441310.50650.6799

N150,000 - N249,999-0.58760.70420.696310.40400.5557

Above N249,999-1.23040.67673.305510.06900.2922

No formal education-13.17421032.62860.000210.98980.0000

Secondary-16.171768.40480.055910.81310.0000

Model Fit Information

ModelAICBIC-2LL2dfSignificance 

Intercept314.043320.839310.043    

Final252.320361.061188.320121.72230<0.001 

Pseudo R-squared      

Cox and Snell0.423      

NagelKerke0.539      

McFadden0.358      

Likelihood Ratio Tests

EffectAIC (Reduced Model)BIC (Reduced Model)-2LL (Reduced Model)2dfSignificance 

Intercept252.320361.061188.320.0000  

Age263.607365.552203.60715.2862<0.001 

Household size255.390357.335195.3907.07020.029 

Gender248.349350.294188.3490.02820.986 

Marital Status241.745330.097189.7451.42460.964 

Employment249.323337.676197.3239.00360.173 

Income248.223329.779200.22311.90380.156 

Education266.211361.359210.21121.8914<0.001