Table 7.

Between country difference-in-difference estimates for log_e rate of change in soft drink category sales volumes per capita before and after ratification (2006) and enforcement (2009) of the US-Peru FTA

	Year	Estimate	Unadjusted	Adjusted for GDP	Adjusted for GDP & time trends	N
Carbonates	2006	Diff-in-diff	−1.44*** (0.53)	−1.46*** (0.56)	−1.39*** (0.48)	30
		R2	0.30 (p = 0.006)	0.30 (p = 0.009)	0.57 (p = 0.004)
	2009	Diff-in-diff	−1.36*** (0.50)	−1.35*** (0.51)	−1.35** (0.58)	30
		R2	0.37 (p = 0.006)	0.38 (p = 0.009)	0.38 (p = 0.019
Bottled water	2006	Diff-in-diff	0.62* (0.32)	0.59* (0.33)	0.62* (0.32)	30
		R2	0.68 (p = 0.051)	0.69 (p = 0.07)	0.74 (p = 0.051)
	2009	Diff-in-diff	0.63** (0.31)	0.59* (0.34)	0.63** (0.26)	30
		R2	0.45 (p = 0.043)	0.47 (p = 0.085)	0.77 (p = 0.016)
Juice	2006	Diff-in-diff	0.09 (0.81)	0.48 (0.69)	0.53 (0.66)	30
		R2	0.04	0.47	0.55
	2009	Diff-in-diff	−0.47 (0.60)	−0.02 (0.52)	−0.21 (0.55)	30
		R2	0.04	0.53	0.55
Sports & energy drinks	2006	Diff-in-diff	0.12 (0.86)	0.27 (0.73)	0.26 (0.75)	30
		R2	0.11	0.34	0.37
	2009	Diff-in-diff	−0.90 (0.65)	−0.63 (0.58)	−0.67 (0.63)	30
		R2	0.13	0.35	0.38

Notes: *p < 0.1; **p < 0.05; ***p < 0.01, standard-errors in parentheses