Table 2. Panel regression result.
Variables | Model 11) | Model 22) | |||||
---|---|---|---|---|---|---|---|
Coefficient | Robust SE | P-value | Coefficient | Robust SE | P-value | ||
log(Purchase amounts of HMR)3) | 0.004 | 0.001 | 0.000 | ||||
log(Purchase amounts of RTE)3) | 0.001 | 0.001 | 0.279 | ||||
log(Purchase amounts of RTP)3) | 0.020 | 0.007 | 0.007 | ||||
log(Purchase amounts of RTH)3) | 0.003 | 0.001 | 0.067 | ||||
log(Purchase amounts of RTC)3) | 0.006 | 0.001 | 0.000 | ||||
Age4) | −0.003 | 0.018 | 0.849 | −0.003 | 0.018 | 0.855 | |
Age2 4) | −0.000 | 0.000 | 0.760 | −0.000 | 0.000 | 0.752 | |
Household size | 0.038 | 0.026 | 0.149 | 0.038 | 0.026 | 0.144 | |
Child (Has child) | 0.012 | 0.076 | 0.877 | 0.014 | 0.076 | 0.850 | |
log(Household income)3) | −0.079 | 0.087 | 0.363 | −0.082 | 0.086 | 0.344 | |
Wife’s occupation (Employed) | 0.060 | 0.081 | 0.461 | 0.057 | 0.082 | 0.481 | |
Residence (Metropolitan) | 0.183 | 0.080 | 0.022 | 0.177 | 0.080 | 0.027 | |
Perceived importance of quality | 0.005 | 0.004 | 0.201 | 0.005 | 0.004 | 0.196 | |
Observations | 38,313 | 38,313 | |||||
No. of respondents | 1,095 | 1,095 | |||||
Prob > F-value | 0.000 | 0.000 |
The categorical variables are all binary, including: Child (No child = 0, Has child = 1), Wife’s occupation (Unemployed = 0, Employed = 1), and Residence (Non-metropolitan = 0, Metropolitan = 1).
HMR, home meal replacement; RTE, ready-to-eat; RTP, ready-to-prepare; RTH, ready-to-heat; RTC, ready-to-cook.
1)Model 1: A model examining the relationship between the monthly purchase amounts of all HMRs, excluding meal kits, and the monthly purchase amounts of meal kits.
2)Model 2: A model examining the relationship between the monthly purchase amounts of the 4 categories of HMRs, excluding meal kits, and the monthly purchase amounts of meal kits.
3)Unit of purchase amounts and household income: 10,000 KRW.
4)Unit of age: year.