| (1) | (2) | (3) | (4) |
---|
Soda | Juices | Sports drinks | Powder mix |
---|
Shifting parameter | 1.12*** [0.018] | 0.25*** [0.031] | 1.52*** [0.106] | 0.24*** [0.014] |
No. of observations | 66,986 | 35,395 | 11,209 | 10,368 |
R-squared | 0.249 | 0.011 | 0.113 | 0.147 |
- ∆Pijt=FE+ α1 * IEPS2014 + uijt
- Shifting parameter refers to the shifting magnitude in Mexican pesos. Standard errors are clustered by establishment and presented in brackets. ***p < 0.01, **p < 0.05, *p < 0.1. Estimation is computed regressing each product type per-liter price change (month–year) against the tax increase (1 MXN). Regressions include a set of interaction (Establishment-specific X Brand X Product Content) and monthly fixed effects (FE)