Table 2.
Changes in prices: Food group analyses.
| Cookies | Ready-to-eat cereals | Salty snacks and peanuts | Pre-packaged sweet bread | |||||
|---|---|---|---|---|---|---|---|---|
| A. Corrected prices | ||||||||
| Post | 0.098 | *** | 0.051 | *** | 0.066 | *** | 0.05 | *** |
| (0.002) | (0.004) | (0.002) | (0.004) | |||||
| Lagged GIEA | 0.006 | *** | 0.002 | ** | −0.005 | *** | 0.001 | |
| (0.001) | (0.001) | (0.001) | (0.001) | |||||
| Population | −0.072 | *** | −0.064 | *** | −0.075 | *** | −0.066 | *** |
| (0.010) | (0.017) | (0.010) | (0.013) | |||||
| N | 173,984 | 88,208 | 158,888 | 44,083 | ||||
| B. Uncorrected prices | ||||||||
| Post | 0.044 | *** | 0.063 | ** | 0.048 | *** | 0.046 | *** |
| (0.005) | (0.018) | (0.001) | (0.005) | |||||
| Lagged GIEA | 0.001 | 0.003 | 0 | 0.001 | * | |||
| (0.001) | (0.002) | (0.001) | (0.000) | |||||
| Population | −0.071 | *** | −0.065 | *** | −0.068 | *** | −0.071 | *** |
| (0.011) | (0.013) | (0.012) | (0.007) | |||||
| N | 173,984 | 88,208 | 158,888 | 44,083 | ||||
Notes: Standard error in parentheses. Corrected prices correct for biases associated with households’ and retailers’ characteristics. Models included UPI, city, and month fixed effects, a constant, and linear and squared time trends.
p < 0.10
p < 0.05
p < 0.010. post: years 2014–15, GIEA: Global Indicator of Economic.
Source: Authors’ own analyses and calculations based on data from Nielsen through its Mexico Consumer Panel Service (CPS) for the food and beverage categories for January 2012 – December 2015. The Nielsen Company, 2016. Nielsen is not responsible for and had no role in preparing the results reported herein.