Table 3.
Regression results: impact of price and visits on chlorine purchases
| Dependent variable | Bottles purchased per month |
At least once | At least twice | ||||
|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | |
| Price | −0.0101 | −0.0101 | −0.0103 | −0.0102 | −0.0118 | −0.0140 | |
| (0.0011)*** | (0.0011)*** | (0.0011)*** | (0.0021)*** | (0.0016)*** | (0.0016)*** | ||
| Visit | 0.0580 | 0.0581 | 0.0508 | 0.0522 | 0.0505 | 0.0697 | |
| (0.0163)*** | (0.0159)*** | (0.0185)*** | (0.0292) | (0.0262)* | (0.0258)*** | ||
| Midprice × visits | 0.0191 | 0.0127 | 0.0458 | 0.0295 | |||
| (0.0236) | (0.0149) | (0.0338) | (0.0332) | ||||
| Constant | 0.4788 | 0.2978 | 0.4498 | 0.4527 | 0.4513 | 0.7428 | 0.5476 |
| (0.0196)*** | (0.0113)*** | (0.0209)*** | (0.0209)*** | (0.0326)*** | (0.0295)*** | (0.0289)*** | |
| R2 | 0.043 | 0.007 | 0.050 | 0.050 | 0.084 | 0.033 | 0.047 |
| N | 1,798 | 1,798 | 1,798 | 1,798 | 1,798 | 1,798 | 1,798 |
| SER | 0.339 | 0.345 | 0.338 | 0.338 | 0.250 | 0.482 | 0.474 |
| Sales agent fixed effects? | No | No | No | No | Yes | No | No |
P < 0.1; ** P < 0.05; *** P < 0.01; heteroskedasticity-robust standard errors in parentheses.