Sales Associations between Brand Stores Based on Spatial Interaction Effects

Table 4

Fixed-effects model for the full sample.

	SDM		SEM	SAC
	Main	Wx
Morning	0.0953	−0.2464	0.0122	−0.0067
	(0.0217)	(0.0571)	(0.0046)	(0.0035)
Lunch	−0.0435	0.0908	−0.0174	−0.0107
	(0.0070)	(0.0184)	(0.0015)	(0.0011)
Afternoon	0.0025	0.0146	0.0071	0.0068
	(0.0031)	(0.0082)	(0.0007)	(0.0005)
Dinner	−0.0018	−0.0061	−0.0027	0.0008
	(0.0072)	(0.0188)	(0.0015)	(0.0011)
Evening	0.0650	−0.1296	0.0296	0.0156
	(0.0100)	(0.0263)	(0.0021)	(0.0017)
lnConsump	1.2008	1.5050	1.2112	1.1981
	(0.0027)	(0.2152)	(0.0026)	(0.0028)
Staytime	0.0338	−0.0225	0.0288	0.0190
	(0.0040)	(0.0111)	(0.0009)	(0.0088)
PriceVol	−0.0002	0.0052	−0.0002	−0.0002
	(0.0000)	(0.0005)	(0.0000)	(0.0000)
ρ	−1.6453			0.1471
	(0.1596)			(0.0100)
λ			−1.0914	−2.5184
			(0.1439)	(0.1497)
σ2_e	0.5714		0.5820	0.6034
	(0.0063)		(0.0065)	(0.0064)
R^2	0.9502		0.9495	0.9494
Log-likelihood	−18470		−18620	−18550

Note: standard error in brackets and .