Table III.
Results quantile regression ln consumption
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | |
|---|---|---|---|---|---|---|---|---|---|
| Variable | q10 | q20 | q30 | q40 | q50 | q60 | q70 | q80 | q90 |
| ln price | −0.9297*** (0.3455) | −0.4496 (0.2951) | −0.4767** (0.2357) | −0.3678 (0.2411) | −0.4253* (0.2366) | −0.5206** (0.2198) | −0.3364 (0.2158) | −0.2682 (0.2203) | −0.1606 (0.2877) |
| Age | 0.2368* (0.1212) | 0.4059*** (0.0998) | 0.3743*** (0.0919) | 0.3614*** (0.0929) | 0.3274*** (0.0789) | 0.2589*** (0.0852) | 0.2202*** (0.0809) | 0.1340 (0.0825) | 0.0073 (0.0953) |
| Age squared | −0.0043* (0.0025) | −0.0081*** (0.0021) | −0.0074*** (0.0019) | −0.0072*** (0.0019) | −0.0065*** (0.0016) | −0.0052*** (0.0017) | −0.0044*** (0.0017) | −0.0028 (0.0017) | −0.0002 (0.0020) |
| Income | 0.0015*** (0.0002) | 0.0010*** (0.0002) | 0.0010*** (0.0001) | 0.0009*** (0.0001) | 0.0007*** (0.0001) | 0.0005*** (0.0001) | 0.0003** (0.0001) | 0.0001 (0.0001) | −0.0002 (0.0002) |
| Education | −0.0069 (0.0080) | −0.0191*** (0.0064) | −0.0185*** (0.0053) | −0.0274*** (0.0050) | −0.0380*** (0.0044) | −0.0426*** (0.0047) | −0.0548*** (0.0045) | −0.0666*** (0.0044) | −0.0868*** (0.0064) |
| Married | −0.5144*** (0.0475) | −0.5731*** (0.0374) | −0.5521*** (0.0302) | −0.5984*** (0.0298) | −0.5574*** (0.0305) | −0.5395*** (0.0301) | −0.5154*** (0.0316) | −0.4571*** (0.0298) | −0.4017*** (0.0362) |
| Male | 0.4749*** (0.0374) | 0.6161*** (0.0281) | 0.6558*** (0.0252) | 0.6541*** (0.0223) | 0.6834*** (0.0221) | 0.6911*** (0.0223) | 0.6727*** (0.0208) | 0.6415*** (0.0228) | 0.6390*** (0.0274) |
| Black | −0.4680*** (0.0559) | −0.5540*** (0.0426) | −0.5343*** (0.0303) | −0.5944*** (0.0329) | −0.5818*** (0.0323) | −0.5926*** (0.0300) | −0.5503*** (0.0304) | −0.4975*** (0.0331) | −0.3752*** (0.0418) |
| Hispanic | −0.1780*** (0.0436) | −0.2025*** (0.0346) | −0.2027*** (0.0324) | −0.2189*** (0.0316) | −0.2193*** (0.0264) | −0.1850*** (0.0294) | −0.1451*** (0.0284) | −0.0927*** (0.0300) | −0.0029 (0.0326) |
| Enrolled | −0.0317 (0.0361) | −0.0205 (0.0287) | −0.0098 (0.0294) | 0.0047 (0.0277) | −0.0105 (0.0272) | −0.0308 (0.0246) | −0.0416 (0.0274) | −0.0721*** (0.0242) | −0.0847** (0.0336) |
| ln avert | 0.0232 (0.0151) | 0.0355*** (0.0131) | 0.0483*** (0.0119) | 0.0587*** (0.0109) | 0.0669*** (0.0107) | 0.0740*** (0.0102) | 0.0850*** (0.0100) | 0.0987*** (0.0107) | 0.0840*** (0.0136) |
| Observations | 24,443 | 24,443 | 24,443 | 24,443 | 24,443 | 24,443 | 24,443 | 24,443 | 24,443 |
| DMA-FE | No | No | No | No | No | No | No | No | No |
| YEAR-FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
DMA, designated market area; FE, fixed effects.
Clustered standard errors at the state level are in parentheses.
***
p <0.01.
**
p <0.05.
*
p <0.1, bootstrap with 400 repetitions.