Table A3.

Changes in prices: Firm analyses with corrected prices on restricted sample.

	Cookies		Ready-to-eat cereals		Salty snacks and peanuts		Pre-packaged sweet bread
Post	0.115	***	0.051	***	0.068	***	0.053	***
	(0.003)		(0.005)		(0.002)		(0.004)
NLF#1-Post	−0.017	***	−0.042	***	0.002		−0.041	***
	(0.002)		(0.006)		(0.002)		(0.006)
NLF#2-Post	−0.055	***	−0.003		0.012	***	−0.039	***
	(0.005)		(0.008)		(0.004)		(0.005)
NLF#3-Post	−0.155	***	0.078	***	−0.032	***	−0.006
	(0.008)		(0.013)		(0.009)		(0.014)
NLF#4-Post	−0.063	***	0.042	***	0.049	***
	(0.009)		(0.012)		(0.004)
NLF#5-Post	−0.126	***			−0.005
	(0.022)				(0.011)
NLF#6-Post	−0.058	***			−0.078	***
	(0.007)				(0.008)
NLF#7-Post					0.026	***
					(0.006)
NLF#8-Post					0.016	***
					(0.006)
NLF#9-Post					−0.05	***
					(0.009)
Lagged GIEA	0.006	***	0.003	**	−0.005	***	0.001
	(0.001)		(0.001)		(0.001)		(0.001)
Population	−0.067	***	−0.051	***	−0.073	***	−0.071	***
	(0.01)		(0.019)		(0.01)		(0.015)
N	160,856		67,666		148,434		42,722

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, NLF: Non-leading firm, 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.