Table 4

Fixed-effect results for selected economy brands

VariablesBastosHoabinhKhanhhoiSaigonThanglongEconomy
Domestic * mid-20190.3911.351*1.0231.099***0.3540.803***
 (0.454)(0.715)(0.821)(0.365)(0.334)(0.276)
Domestic * end 20191.204***1.747***1.1251.404***0.835***1.165***
 (0.437)(0.633)(0.754)(0.323)(0.31)(0.258)
Control for region, retailers’ & products’ characteristicsYesYesYesYesYesYes
Observations5664484161,0511,1792,248
Number of id4353603347978941,648
R20.9230.90050.89430.9130.89120.8789

Note(s): Standard errors in parentheses

***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Authors’ estimates

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