Table 2.
Carbonates |
Juices |
Concentrates |
Bottled water |
Energy and sport drinks |
||||||
---|---|---|---|---|---|---|---|---|---|---|
Model 1 | Model 2 | Model 1 | Model 2 | Model 1 | Model 2 | Model 1 | Model 2 | Model 1 | Model 2 | |
Implementation effect | −4.23* | −5.77* | −2.02* | −0.78 | 0.42 | 0.70 | −3.71* | −2.67* | −2.89* | −1.18 |
[-5.78; −2.67] | [-7.80; −3.73] | [ −3.71; −0.70] | [-2.38; 0.83] | [-2.25; 3.08] | [-3.15; 4.54] | [-5.13; −2.28] | [-4.44; −0.90] | [-5.33; −0.45] | [-4.73; 2.36] | |
Announcement effect | −1.14 | 1.87* | 0.27 | 0.53 | 1.63 | |||||
[-2.59; 0.31] | [0.33; 3.41] | [-2.41; 2.94] | [-0.99; 2.05] | [-0.86; 4.12] | ||||||
General time trend (monthly) | 0.08 | 0.05 | −0.08 | −0.09 | 0.05 | 0.05 | −0.15* | 0.00 | 0.63 | 0.53 |
[-0.16; 0.32] | [-0.13; 0.23] | [-0.27; 0.10] | [-0.28; 0.10] | [-0.46; 0.56] | [-0.46; 0.56] | [-0.21; −0.09] | [-0.21; 0.21] | [-0.02; 1.29] | [-0.12; 1.19] | |
Post-tax time trend (monthly) | −0.17 | −0.18* | 0.17* | 0.22* | −0.96* | −0.96* | 0.10* | 0.11 | 0.03 | 0.11 |
[-0.52; 0.18] | [-0.33; −0.04] | [0.03; 0.30] | [0.12; 0.31] | [-1.80; −0.12] | [-1.80; −0.12] | [0.00; 0.19] | [-0.00; 0.22] | [-0.70; 0.76] | [-0.61; 0.84] | |
Selected ARIMA model | (2,1,2) | (2,1,1) | (1,0,1) | (1,0,0) | (1,1,0) | (1,1,0) | (2,0,0) | (1,0,0) | (0,1,0) | (0,1,0) |
Model 1: ARIMAX model without announcement effect. Model 2: ARIMAX model with announcement effect. Point estimates in percent change. 95% Confidence Intervals in parenthesis. *p < 0.05.