Table 9.
Brand 2 sandwich rolls | Private-label wholegrain rolls | Brand 2, grain rolls | Brand 1 multi-grain rolls | |
---|---|---|---|---|
Initial share of calories | 18.1% | 35.1% | 19.4% | 27.4% |
Initial share of sales value | 16.1% | 30.1% | 20.5% | 33.2% |
AID model estimation results | ||||
Ln PBrand 2 sandwich rolls | 0.00003 | −0.00001 | −0.00001 | −0.00001 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | |
Ln PPrivate-label wholegrain rolls | −0.00001 | 0.00002 | −0.00001 | −0.00001 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | |
Ln PBrand 2, grain rolls | −0.00001 | −0.00001 | 0.00002 | −0.00001 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | |
Ln PBrand 1 multi grain rolls | −0.00001 | −0.00002 | −0.00001 | 0.00004 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | |
LnPBrand 3 wholegrain | −0.00005 | 0.00008 | 0.00000 | −0.00004 |
(0.00006) | (0.00015) | (0.00010) | (0.00011) | |
Real budget | 0.00000 | −0.00001 | 0.00000 | 0.00001 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | |
Reformulation dummy | −0.00615 | 0.00408 | 0.01379 | −0.01164 |
(0.00399) | (0.00998) | (0.00683) | (0.00756) | |
Trend | 0.00000 | 0.00008 | −0.00012 | 0.00005 |
(0.00007) | (0.00018) | (0.00012) | (0.00014) | |
Christmas dummy | −0.00056 | 0.00234 | 0.00000 | −0.00206 |
(0.00534) | (0.01330) | (0.00913) | (0.01010) | |
AR (1) | 0.22398 | 0.20410 | 0.38075 | 0.00000 |
(0.02580) | (0.01760) | (0.01950) | (0.00000) | |
Intercept | 0.19093 | 0.22398 | 0.20410 | 0.38075 |
(0.01030) | (0.02580) | (0.01760) | (0.01950) | |
Root MSE | 0.0039 | 0.0098 | 0.0067 | 0.0074 |
R2 | 1.00 | 0.99 | 0.99 | 0.99 |
R2-adj | 0.99 | 0.99 | 0.99 | 0.99 |