Table 6.

Parameter estimates for the main model

Before correctionWeighted PS Correction without controlsWeighted PS Correction
ParameterCoef.Std. err.Coef.Std. err.Coef.Std. err.
Constant−5.4150.100**−4.9990.025**−5.2580.100**
Online to online2.3650.025**2.3490.019**2.3250.019**
Offline to online−0.3410.023**−0.4120.016**−0.4210.016**
Online to offline−0.5660.023**−0.6430.016**−0.6510.016**
PL share0.1450.010**0.1120.013**0.1150.013**
Online to online × PL share0.1220.019**0.0610.017**0.0580.017**
Offline to online × PL share0.1340.021**0.1430.014**0.1360.014**
Online to offline × PL share0.0950.021**0.0910.014**0.0830.014**
Control variables
Retailer FEYesNoYes
Nearby store countYesNoYes
Annual spending in initial periodYesNoYes
GenderYesNoYes
AgeYesNoYes
Family sizeYesNoYes
IncomeYesNoYes
Year-quarter FEYesNoYes
Note(s):

**p  < 0.01, *p  < 0.05; PS denotes propensity score

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