Table 3

Two-way fixed effects analysis of marketing levers on PBAs market share in Italian provinces

Estimate
Price−0.01 (0.02)
Assortment0.31*** (0.05)
Promotion0.01 (0.01)
Middle0.03 (0.03)
Rural0.04 (0.03)
Price:Middle−0.01 (0.01)
Price:Rural−0.01 (0.01)
Assort: Middle−0.04* (0.02)
Assort: Rural−0.10*** (0.02)
Promo: Middle−0.01 (0.01)
Promo: Rural−0.02 (0.01)
Panel obs22,266
Time fixed effectsY
Product category fixed effectY
Adj. R20.82

Note(s): Standard errors: clustered by product category. Significance levels: *p < 0.1, **p < 0.05, ***p < 0.01

Source(s): Authors’ own work

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