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Table 8 Binary Random Effects Estimation Result for Technology Choice

From: Residential fuel consumption and technology choices: an application of FGNLS and random effects binary logit model

 

(1)

(2)

(3)

(4)

Traditional oven

Electric oven

Electric stove

Traditional stove

Consumption expenditure(ln)

0.0792 (0.45)

0.298* (2.33)

0.223* (2.05)

−0.0554 (−0.54)

Effective cost traditional oven

0.337** (2.93)

   

Effective cost electric"Mitad"

−0.776 (−0.71)

−2.276* (−2.18)

  

Effective cost electric stove

  

4.979*** (8.72)

−2.510*** (−3.96)

Effective cost of traditional stove

 

0.0703 (1.03)

−0.0237 (−0.45)

0.151* (2.57)

Male headed

−0.659* (−2.27)

−0.0413 (−0.22)

−0.131 (−0.87)

0.154 (0.99)

Household size

0.0120 (0.19)

−0.139** (−2.78)

−0.0379 (−0.95)

−0.128** (−2.92)

Head’s age

−0.00835 (−1.09)

0.00386 (0.66)

−0.0116* (−2.12)

−0.00338 (−0.71)

Number of rooms

−0.156 (−1.38)

0.608*** (7.57)

−0.00731 (−0.11)

0.0718 (1.14)

Type of kitchen

−1.802** (−3.24)

3.278*** (8.98)

−0.0919 (−0.28)

0.371 (1.18)

2015.Year

0.0340 (0.13)

−0.0801 (−0.42)

1.284*** (6.40)

1.179*** (6.21)

Constant

3.570* (1.99)

−5.706*** (−4.72)

−7.570*** (−7.23)

−0.328 (−0.37)

lnsig2u

−0.727 (−0.36)

−0.753 (−0.64)

−1.084 (−0.99)

−10.82 (−0.00)

N

1839

2209

2209

2209

  1. t statistics in parentheses
  2. *p < 0.05, ** p < 0.01, *** p < 0.001.