Tertiles of prices | Low price | Middle price | High price | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Model 1 | Model 2 | Model 1 | Model 2 | Model 1 | Model 2 | |||||||
Coefficient | SE | Coefficient | SE | Coefficient | SE | Coefficient | SE | Coefficient | SE | Coefficient | SE | |
Post-tax (2014–15) | 1.77 | 2.85 | 1.82 | 2.99 | -13.79*** | 2.73 | -10.80*** | 2.65 | 0.11 | 0.57 | 0.21 | 0.56 |
Quarter 2 | 10.08*** | 1.86 | 10.09*** | 1.88 | 5.45*** | 1.65 | 7.25*** | 1.66 | 2.10*** | 0.39 | 2.08*** | 0.39 |
Quarter 3 | 13.86*** | 2.11 | 13.90*** | 2.16 | 4.20* | 2.07 | 5.60** | 2.03 | 2.06*** | 0.39 | 2.17*** | 0.39 |
Quarter 4 | 13.58*** | 2.05 | 13.60*** | 2.11 | -4.28* | 2.01 | -0.69 | 2.13 | 0.99** | 0.36 | 1.08** | 0.35 |
Month(trend) | -0.71** | 0.23 | -0.71** | 0.23 | 0.06 | 0.19 | -0.42 | 0.23 | -0.17*** | 0.04 | -0.16*** | 0.04 |
Squared month (trend) | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 | 0.00 |
Per capita monthly income | 0.02** | 0.01 | 0.02** | 0.01 | -0.03*** | 0.01 | -0.03*** | 0.01 | -0.00 | 0.00 | -0.00 | 0.00 |
Unemployment rate | 0.04 | 1.37 | 0.05 | 1.37 | -3.07* | 1.29 | -2.64* | 1.27 | -0.71** | 0.23 | -0.74** | 0.23 |
Monthly % products package > 1 L | 0.04 | 0.73 | 1.92*** | 0.41 | 0.14 | 0.09 | ||||||
Number of observations | 2592 | 2592 | 2592 |