Fast Food Consumption and Food Prices: Evidence from Panel Data on 5th and 8th Grade Children

Table 3

Longitudinal regression estimates for individual-level random effects model of the determinants of fast food consumption and price elasticity of consumption, by alternate model specifications.

	Fast food price coefficient estimates	Fast food price elasticity
Model 1: full specification as shown in Table 3	−0.527** (0.241)	−0.565** (0.258)
Model 2: model 1 without median household income	−0.563** (0.240)	−0.603** (.257)
Model 3: model 1 without fast food restaurant density	−0.548** (.243)	−0.586** (0.260)
Model 4: model 1 without median household income and fast food restaurant density	−0.589** (0.242)	−0.630** (0.259)
Model 5: model 4 without price of food at home	−0.644*** (0.198)	−0.689*** (0.211)

Notes: the regression models include all variables shown in Table 2 and those described in the notes of Table 2. Standard errors are reported in parentheses and are robust and clustered at the home zip code level. **significance at 5%; ***significance at 1%. 𝑁=11,700.