Table V

Replications of store-revenue model

Replication 1 (2 months)Replication 2 (4 months)Replication 3 (6 months)
FuelSalest×Shortt0.1956** (0.0788)0.2135** (0.0691)0.2021** (0.0497)
FuelSalest×Longt0.0626 (0.0430)0.0498 (0.0433)−0.0150 (0.0467)
Intercept18.1233** (0.0353)18.1226** (0.0350)18.1211** (0.0340)
Control for store heterogeneity
Store10.8119** (0.0290)0.8114** (0.0288)0.8124** (0.0281)
Store2−0.1659** (0.0290)−0.1663** (0.0288)−0.1644** (0.0280)
Store30.8518** (0.0287)0.8513** (0.0285)0.8525** (0.0278)
Adjusted R20.94330.94400.9470
Observations208208208

Notes: Standard errors are shown in parentheses. *p<0.05; **p<0.01

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