Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

The Influence of Consumption Values on the Environmental Attitudes and Organic Purchase Intentions of Millennials: A Quantitative Study Using Structural Equation Modeling in Peru

Version 1 : Received: 9 February 2024 / Approved: 9 February 2024 / Online: 9 February 2024 (11:18:07 CET)

How to cite: Hoyos-Vallejo, C. A.; Ortiz-Regalado, O.; Carrión-Bósquez, N. G. The Influence of Consumption Values on the Environmental Attitudes and Organic Purchase Intentions of Millennials: A Quantitative Study Using Structural Equation Modeling in Peru. Preprints 2024, 2024020572. https://doi.org/10.20944/preprints202402.0572.v1 Hoyos-Vallejo, C. A.; Ortiz-Regalado, O.; Carrión-Bósquez, N. G. The Influence of Consumption Values on the Environmental Attitudes and Organic Purchase Intentions of Millennials: A Quantitative Study Using Structural Equation Modeling in Peru. Preprints 2024, 2024020572. https://doi.org/10.20944/preprints202402.0572.v1

Abstract

The present research aimed to identify if consumption values influence the attitudes of Millennials who intend to purchase organic products. The research was quantitative, with a correlational scope and a cross-sectional design, and it was conducted on 509 Peruvian millennials. A questionnaire consisting of 23 questions was administered, and responses were quantified using a five-point Likert scale. The results were processed through an Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA), and Structural Equation Modeling (SEM) conducted using Statistical Package for Social Sciences 24 and AMOS 24. The study identified that environmental attitudes of Millennials do influence their intentions to purchase organic products, and the antecedents of these attitudes are functional and social values, whereas emotional, conditional, and epistemic values do not. The study confirmed that consumption values, either as a second-order variable or as a single construct, do not influence the attitudes of Millennials who intend to purchase organic products, thus confirming that these dimensions should be measured independently.

Keywords

Consumption Values; Environmental Attitudes; Purchase Intention; Organic Products; Millennials.

Subject

Business, Economics and Management, Marketing

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