Table 3.

Coefficients and significance of Model 1, Model 2 and Model 3

Dependent variableModel 1Model 2Model 3
Rating
REVIEW−0.052083***−0.053107***−0.047149***
TOP100.189224***0.186963***0.176613***
MENU0.003577***0.003063**0.003775***
MENU2−0.000009***−0.000010**−0.000013***
REGIONNo No No 
STAR x PRICE_RANGE      
0#€€  0.127407**0.124048*
0#€€€  0.149431**0.152551**
0#€€€€  0.162354*0.173212*
1#€€  0.091161 0.061306 
1#€€€  0.161110**0.174338**
1#€€€€  0.184751**0.183800*
2#€€€€  0.231597**0.269247**
3#€€€€  0.455977**0.493372**
WINE_PRICE    −0.001767**
WINE_PRICE2    0.000005**
REG_WINE    −0.027026**
TYPOLOGY    0.061703 
WINES      
Argentina    0.004607 
Australia    −0.055687*
Austria    0.021860 
Chile    −0.024692 
Croatia    −0.015917 
France    0.098385 
Georgia    0.052083 
Germany    −0.013575 
Greece    −0.005050 
Hungary    0.015831 
Israel    0.040587 
Lebanon    0.014980 
New Zealand    0.065360**
Portugal    0.038921 
Slovenia    0.006955 
Spain    0.000577 
South Africa    −0.012061 
Switzerland    −0.049257 
UK    −0.035270 
USA    0.002996 
CONS4.428968***4.328297***4.256735***
Observations555555555
R20.25250.26390.3069
F-statistic7.86.054.36
Note(s):

*p < 0.10; **p < 0.05; and ***p < 0.01

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