Table 2.
Description of variables.
| Variable | Description |
|---|---|
| ln | Logarithmic transformation indicator |
| SALES | Average monthly sales in RMB (¥) |
| REGION | 0 for cities where restaurants can run their pick-up and delivery services, 1 for cities where restaurants cannot run their pick-up and delivery services due to extensive shutdowns |
| PANDEMIC | 0 for 2019, 1 for 2020 (1st quarter) |
| RATEi | Average overall ratings of OCRs |
| MEAL | Average check amount in RMB (¥) per order |
| CATE | Types of restaurant operations: 0 for fine dining, 1 for casual dining, 2 for fast casual, and 3 for fast food |
| DERLIVERY | Average delivery time in minutes |
| DELIVERY_SQ | Quadratic term of DELIVERY |
| FEE | Average delivery fee in RMB (¥) |
| MINIMUM | Minimum order amount in RMB (¥) for delivery service |
| DISCOUNT | 0 for no discounts, 1 for discount options |
| BRAND | 0 for weak brands, 1 for strong brands |
| CITY | Dummy for cities |