Table 2 Hedonic pricing regression results

Constant

9.944^‡ (1.68)

4.290* (3.31)

3.866* (3.31)

AvgRating

0.054^‡ (1.74)

0.047* (2.73)

0.050* (3.21)

AlcoholVol

0.444 (1.60)

0.341^† (2.04)

0.349* (4.07)

Calories

−0.002 (−0.18)

0.000 (0.08)

American

−0.736 (−1.22)

−0.696^† (−2.54)

−0.566^† (−2.29)

AmericanLager

−1.197^‡ (−1.65)

−1.081* (−2.93)

−0.949* (−2.85)

BelgianAle

−0.754 (−1.48)

−0.262 (−0.73)

CzechLager

−1.501 (−1.32)

−1.137* (−3.27)

−1.067* (−3.39)

EnglishAle

−0.465 (−0.90)

−0.008 (−0.03)

EuropeanLager

−0.321 (−0.31)

−0.333 (−0.82)

GermanAle

−0.161 (−0.21)

0.256 (0.60)

GermanLager

−0.688 (−1.13)

0.269 (0.78)

IrishAle

0.679 (0.62)

−0.586^† (−2.03)

−0.456^‡ (−1.85)

ScottishAle

−0.139 (−0.11)

0.542 (1.37)

Specialty

1.007 (0.78)

0.879^‡ (1.74)

0.975^† (1.99)

F-statistic

3.78*

9.56*

14.71*

R ²

0.117

0.223

0.218

Nobs

413

400

400