| Literature DB >> 36267324 |
Yuan Gao1, Rigoberto A Lopez2, Ruili Liao3, Xiaoou Liu1.
Abstract
Many governments aim to mitigate health risks by attacking nutritional failures. In this article, we exploit a unique natural experiment, the COVID-19 pandemic as an exogenous public health shock, to estimate the learning effects of intensive health information campaigns on nutrient intake during the pandemic. Using data from nearly-one million food purchases in China, our empirical findings strongly support the learning effect in explaining improvements in nutrient intake in the post-COVID-19 period. We conclude that when public health shocks occur, policy makers can boost relevant learning mechanisms by promoting information and education to improve individuals' awareness of preventive health behaviors of a more permanent nature, which can lead to health improvements in a society.Entities:
Keywords: COVID-19; Diet quality; Health behavior; Learning; Nutrition
Year: 2022 PMID: 36267324 PMCID: PMC9559314 DOI: 10.1016/j.foodpol.2022.102365
Source DB: PubMed Journal: Food Policy ISSN: 0306-9192 Impact factor: 6.080
Fig. 2Illustration of the Heathfulness of Popular Dishes by Tupe of Cooking.
Summary of Variable Definitions and Statistics.
| Category | Variable Name | Variable Definition | Observations | Mean | Std. Dev |
|---|---|---|---|---|---|
| Nutrition Measures | Fiber | Avg. fiber contents per transaction (grams) | 966,193 | 1.66 | 1.386 |
| Fat | Avg. fat contents per transaction (grams) | 966,193 | 16.23 | 9.816 | |
| Sugar | Avg. sugar contents per transaction (grams) | 966,193 | 21.55 | 13.29 | |
| Sodium | Avg. sodium contents per transaction (mg) | 966,193 | 568.547 | 490.182 | |
| Protein | Avg. sodium contents per transaction (grams) | 966,193 | 8.504 | 4.453 | |
| NRF | Nutrition-Rich-Food score | 966,193 | −39.04 | 50.78 | |
| NPI | Nutrition Profile index | 966,193 | 41.57 | 12.92 | |
| COVID-19 | National | Daily number of infections at national level divided by 100 | 388,094 | 1.271 | 5.31 |
| Local | Daily number of infections at local level | 388,094 | 0.721 | 3.19 | |
| Income Proxies | Income1 | Daily traffic flow (restaurant-level) | 4,641 | 20.941 | 4.877 |
| Income2 | Monthly population flow (restaurant-level) | 4,641 | 0.257 | 0.246 | |
| Baseline Controls | Price | Average price per dish in a transaction | 966,193 | 23.02 | 12.331 |
| Discount | Discount rate per transaction | 966,193 | 0.748 | 0.159 | |
| Portion size | Total portion size per transaction (grams) | 966,193 | 688.932 | 600.065 | |
| Number of transactions | Daily number of transactions in a restaurant | 966,193 | 81.16 | 55.913 | |
| move_out | Gaode Index for population move-out | 1,820 | 31.12 | 24.00 | |
| move_in | Gaode Index for population move-in | 1,820 | 33.99 | 22.81 | |
| City-month | Interaction term between city and month dummies | 966,193 | 0.033 | 0.180 | |
| Post1 | Dummy = 1 for period Mar 19-May 31, 2020; =0 for Jan 1 to Jan 22, 2020 | 317,921 | 0.768 | 0.422 | |
| Post2 | Dummy = 1 for period Mar 19-May 31, 2020; =0 for Jan 23 to Mar 18, 2020 | 314,223 | 0.777 | 0.416 | |
| No. of Obs.: | 966,193 |
All values reported are means of transaction-level observations for both periods from January 1-May 31 for the years 2019 and 2020. The number of observations is 388,094 in the 2019 sample and 578,099 in the 2020 sample. Instead of reporting all dummy variables, we report only city-month interactions. In total, we have 18 interactions after multiplying nine city dummies by month dummies. Other fixed effects included in the regressions are restaurant dummies, city dummies, day-of-week dummies, hour dummies (which hour in a day that the transaction happens), and month dummies.
Fig. 1COVID-19 Infections and Nutrition.
Fig. 3Proxies for Income Variations. The figure shows that income variations do not closely follow the spread of COVID-19. Instead, air pollution and business openings and revenues are two sets of plausible proxy variables for income given their relationship graphed here. Panels A and B show the number of new cases, income growth rate, business openings rate, and business revenue growth rate in the U.S. against time. The data is from Chetty et. al (2020) using spending growth as a proxy of income variations. Panel C graphs the relationship between business revenue and (vertical axes) and household disposal income (horizontal axis) in China for 2008–2018. The relationship also indicates that both variables are closely related with income v.
Estimated COVID-19 Effects with Heterogenous Tastes by Revealed Preference Method.
| Variables | NRF | NPI | ||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National Cases | −0.155* | −0.575* | −0.177*** | −0.177** | −0.013* | −0.040* | −0.050** | −0.047* |
| (0.072) | (0.281) | (0.042) | (0.070) | (0.007) | (0.022) | (0.016) | (0.023) | |
| Local Cases | −0.131** | −1.085*** | −0.571*** | −0.406*** | −0.017** | −0.108*** | −0.060** | −0.045* |
| (0.046) | (0.116) | (0.078) | (0.036) | (0.006) | (0.030) | (0.022) | (0.021) | |
| GARP 1 % | Yes | Yes | ||||||
| GARP 5 % | Yes | Yes | ||||||
| GARP 10 % | Yes | Yes | ||||||
| Other Control Variables | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 1,456 | 7,218 | 14,498 | 144,044 | 1,456 | 7,218 | 14,498 |
| R-squared | 0.030 | 0.402 | 0.287 | 0.253 | 0.042 | 0.453 | 0.353 | 0.345 |
Estimated COVID-19 Effects with Heterogenous Tastes by K-means Clustering.
| Variables | NRF | NPI | ||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National Cases | −0.155* | −0.158*** | −0.176*** | −0.218*** | −0.013* | −0.046*** | −0.030** | −0.070*** |
| (0.072) | (0.030) | (0.028) | (0.055) | (0.007) | (0.007) | (0.011) | (0.019) | |
| Local Cases | −0.131** | −0.281*** | −0.279*** | −0.331*** | −0.017** | −0.030*** | −0.033** | −0.023** |
| (0.046) | (0.047) | (0.031) | (0.044) | (0.006) | (0.008) | (0.011) | (0.010) | |
| K-means 500 | Yes | Yes | ||||||
| K-means 1000 | Yes | Yes | ||||||
| K-means 1500 | Yes | Yes | ||||||
| Other Control Variables | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 |
| R-squared | 0.030 | 0.180 | 0.190 | 0.203 | 0.042 | 0.260 | 0.269 | 0.276 |
Results for Individual Nutrient Intake.
| Variable | Fat | Sugar | Sodium | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | |
| National Cases | 0.032*** | 0.023*** | 0.063*** | 0.031** | 0.092*** | 0.160*** | 1.402*** | 1.197*** | ||
| (0.006) | (0.006) | (0.004) | (0.011) | (0.012) | (0.014) | (0.280) | (0.338) | |||
| Local Cases | 0.099*** | 0.093*** | 0.108*** | 0.100*** | 0.156*** | 0.217*** | 2.316*** | 2.311*** | ||
| (0.009) | (0.007) | (0.006) | (0.012) | (0.011) | (0.011) | (0.268) | (0.273) | |||
| Discount | −4.816*** | −4.759*** | −4.843*** | 13.519*** | 13.615*** | 13.409*** | −356.641*** | |||
| (0.892) | (0.843) | (0.896) | (0.860) | (0.902) | (0.859) | (38.794) | ||||
| Price | 0.097*** | 0.099*** | 0.098*** | −0.425*** | −0.422*** | −0.421*** | 3.081*** | |||
| (0.010) | (0.009) | (0.009) | (0.011) | (0.012) | (0.012) | (0.717) | ||||
| Portion Size | −0.004*** | −0.004*** | −0.004*** | −0.009*** | −0.009*** | −0.009*** | −0.131*** | |||
| (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.007) | ||||
| Move_out | −0.022** | −0.033*** | −0.025** | −0.010 | −0.029** | −0.021** | −0.527 | |||
| (0.009) | (0.008) | (0.011) | (0.009) | (0.009) | (0.009) | (0.295) | ||||
| Move_in | −0.001 | −0.007 | −0.003 | −0.029* | −0.037* | −0.034* | −0.945* | |||
| (0.012) | (0.011) | (0.012) | (0.014) | (0.018) | (0.015) | (0.502) | ||||
| Constant | 6.071*** | 9.263*** | 9.697*** | 9.270*** | 38.070*** | 36.725*** | 37.453*** | 36.750*** | 642.543*** | 865.530*** |
| (0.216) | (0.318) | (0.411) | (0.298) | (0.164) | (0.539) | (0.574) | (0.629) | (11.091) | (33.688) | |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Restaurant FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 |
| R-squared | 0.040 | 0.075 | 0.072 | 0.075 | 0.049 | 0.312 | 0.308 | 0.310 | 0.031 | 0.054 |
Model specification follows equation (1) using transaction-level data from January 1-March 18, 2020, using individual nutrients as dependent variables. The regressions are estimated using weighted least squares, where the weight is the daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Results for Nutrition Summary Indexes.
| Variable | NRF | NPI | ||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National Cases | −0.155* | −0.280*** | −0.388*** | −0.013* | −0.049*** | −0.073*** | ||
| (0.072) | (0.061) | (0.042) | (0.007) | (0.008) | (0.004) | |||
| Local Cases | −0.131** | −0.249*** | −0.435*** | −0.017** | −0.055*** | −0.088*** | ||
| (0.046) | (0.060) | (0.016) | (0.006) | (0.009) | (0.007) | |||
| Other Control Variables | No | Yes | Yes | Yes | No | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 |
| R-squared | 0.030 | 0.121 | 0.121 | 0.120 | 0.042 | 0.206 | 0.206 | 0.206 |
Model specification follows equation (1) using transaction-level data from January 1-March 18, 2020, using nutrition summary metrics (NRF and NPI) as dependent variables. The regressions are estimated using weighted least squares, using as weight the daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Estimated COVID-19 Effects Under Alternative Income Proxies.
| Variable | NRF | |||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National Cases | −0.388*** | −0.397*** | −0.388*** | −0.396*** | ||||
| (0.042) | (0.040) | (0.042) | (0.040) | |||||
| Local Cases | −0.435*** | −0.470*** | −0.434*** | −0.470*** | ||||
| (0.016) | (0.021) | (0.015) | (0.020) | |||||
| Income1 | 0.218 | 0.224 | 0.453* | 0.460** | ||||
| (0.205) | (0.190) | (0.220) | (0.203) | |||||
| Income2 | 9.790 | 9.837 | 9.781 | 9.873 | ||||
| (5.491) | (5.548) | (5.420) | (5.553) | |||||
| Other Control Variables | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 | 144,044 |
| R-squared | 0.121 | 0.121 | 0.121 | 0.121 | 0.120 | 0.120 | 0.120 | 0.120 |
Results are at the transaction level from January 1-March 18, 2020. Note that the COVID-19 coefficients in columns (1a) and (1b) and (4a) and (4b) are from the same model, but the national and local COVID-19 coefficients are presented in different columns. Except where noted, all specifications are estimated with other control variables. Note that *, **, and *** indicate significance at the 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Robustness Check for Regional Spillovers and Pre-trends.
| Variables | Impact of Infected Cases from Neighboring Cities | Test for Pre-existing Trends from January 1–22, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|
| NRF | NPI | NRF | NPI | |||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National | −0.140*** | −0.160*** | −0.042*** | −0.046*** | −2.652 | −1.636 | −0.541 | −0.156 |
| (0.041) | (0.031) | (0.008) | (0.007) | (1.768) | (2.193) | (0.447) | (0.409) | |
| Local | −0.301*** | −0.283*** | −0.036*** | −0.029** | 0.456 | 0.374 | 0.045 | 0.021 |
| (0.035) | (0.049) | (0.008) | (0.010) | (0.483) | (0.504) | (0.107) | (0.100) | |
| Neighbor | −0.001 | 0.024 | −0.015 | −0.013 | ||||
| (0.106) | (0.099) | (0.037) | (0.035) | |||||
| K-means 500 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Control Variables | No | Yes | No | Yes | No | Yes | No | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Restaurant FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 118,207 | 118,207 | 118,207 | 118,207 |
| R-squared | 0.030 | 0.121 | 0.042 | 0.207 | 0.022 | 0.057 | 0.036 | 0.229 |
The regressions are estimated using weighted least squares, using as weight the daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% levels of confidence. All errors are clustered at the city level.
Results at Different Stages of the Pandemic.
| Variable | PANEL A: Post = 1 for Post-COVID period (March 19-May 31, 2020) vs Pre-COVID Period (January 1–22, 2020) | ||||||
|---|---|---|---|---|---|---|---|
| Fat | Sugar | Sodium | Protein | Fiber | NRF | NPI | |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | |
| Post | −1.628*** | −3.431*** | −40.988*** | 0.080*** | 0.135*** | 4.413*** | 0.602* |
| (0.378) | (0.121) | (12.260) | (0.004) | (0.031) | (1.436) | (0.326) | |
| K-means 500 | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 |
| R-squared | 0.141 | 0.298 | 0.032 | 0.139 | 0.103 | 0.105 | 0.212 |
The regressions are estimated using weighted least squares. The dependent variable is the weighted daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
COVID-19 Coefficients Under Alternative Income Proxies (Restaurant-Level Data).
| Variable | NRF | |||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National Cases | −0.451*** | −0.409*** | −0.452*** | −0.411*** | ||||
| (0.089) | (0.117) | (0.088) | (0.114) | |||||
| Local Cases | −0.511*** | −0.455** | −0.511*** | −0.458** | ||||
| (0.128) | (0.143) | (0.128) | (0.142) | |||||
| Income1 | −1.449 | −1.401 | −1.299 | −1.250 | ||||
| (0.997) | (0.959) | (0.996) | (0.959) | |||||
| Income2 | 20.552 | 18.978 | 20.307 | 18.918 | ||||
| (16.330) | (15.553) | (16.256) | (15.481) | |||||
| Other Control Variables | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 4,641 | 4,641 | 4,641 | 4,641 | 4,641 | 4,641 | 4,641 | 4,641 |
| R-squared | 0.267 | 0.271 | 0.269 | 0.272 | 0.268 | 0.271 | 0.270 | 0.272 |
Results are at the restaurant level from January 1-March 18, 2020. Note that the COVID-19 coefficients in columns (3a) and (3b) are from the same model, but the national COVID and local COVID coefficients are presented in different columns across all income specifications: column (3a) for the national infections and column (3b) for the local infections. The same holds for columns 6a and 6b. Except where noted, all specifications are estimated with other control variables, including city_month, discount, price, portion size, city dummies, DOW (day of week), and month dummies. Note that *, **, and *** indicate significance at the 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Changes in Vegetable, Fish and Other Meat (Pork and Beef) Dish Ratios.
| Variable | Post = 1 for Post-COVID vs Pre-COVID | Post = 1 for Post-COVID vs COVID | ||||
|---|---|---|---|---|---|---|
| Vegetable | Fish | Pork & Beef | Vegetable | Fish | Pork & Beef | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Post | −0.006 | 0.014 | 0.008** | 0.011*** | −0.000 | 0.001 |
| (0.009) | (0.012) | (0.003) | (0.002) | (0.006) | (0.002) | |
| Other Controls | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes |
| Day FE | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 317,921 | 317,921 | 317,921 | 314,223 | 314,223 | 314,223 |
| R-squared | 0.055 | 0.294 | 0.182 | 0.050 | 0.290 | 0.154 |
The dependent variables are the ratios of vegetable, fish, and other meat (pork and beef) dishes to the total number of dishes ordered. Columns (1)-(3) report results by comparing changes during the post-COVID periods to pre-COVID periods. Columns (4)-(6) report results by comparing changes during the post-COVID periods to COVID periods. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Robustness Check for Regional Spillovers and Pre-trends with 1000 Clusters.
| Variables | Impact of Infections in Neighboring Cities | Test for Pre-existing Trends from January 1–22, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|
| NRF | NPI | NRF | NPI | |||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National | −0.227*** | −0.176*** | −0.023*** | −0.009*** | −2.471 | −1.604 | −0.540 | −0.291 |
| (0.048) | (0.028) | (0.001) | (0.001) | (1.954) | (2.221) | (0.426) | (0.459) | |
| Local | −0.276*** | −0.280*** | −0.034* | −0.031** | 0.470 | 0.413 | 0.048 | 0.020 |
| (0.049) | (0.038) | (0.016) | (0.013) | (0.456) | (0.511) | (0.101) | (0.100) | |
| Neighbor | 0.043 | 0.002 | −0.003 | −0.021 | ||||
| (0.096) | (0.108) | (0.027) | (0.032) | |||||
| K-means 1000 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Control Variables | No | Yes | No | Yes | No | Yes | No | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Restaurant FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 118,207 | 118,207 | 118,207 | 118,207 |
| R-squared | 0.111 | 0.190 | 0.129 | 0.269 | 0.490 | 0.550 | 0.227 | 0.359 |
The regressions are estimated using weighted least squares, using as weight the daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% levels of confidence. All errors are clustered at the city level.
Results at Different Stages of the Pandemic with 1000 Clusters.
| Variable | PANEL A: Post = 1 for Post-COVID period (March 19-May 31, 2020) vs Pre-COVID Period (January 1–22, 2020) | ||||||
|---|---|---|---|---|---|---|---|
| Fat | Sugar | Sodium | Protein | Fiber | NRF | NPI | |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | |
| Post | −0.277*** | −2.038*** | −35.432** | 0.974*** | 0.421*** | 6.721*** | 2.860** |
| (0.008) | (0.344) | (11.313) | (0.102) | (0.128) | (2.031) | (0.924) | |
| K-means 1000 | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 |
| R-squared | 0.238 | 0.359 | 0.143 | 0.233 | 0.209 | 0.178 | 0.274 |
The regressions are estimated using weighted least squares. The dependent variable is the weighted daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.
Robustness Check for Regional Spillovers and Pre-trends with 1500 Clusters.
| Variables | Impact of Infections in Neighboring Cities | Test for Pre-existing Trends from January 1–22, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|
| NRF | NPI | NRF | NPI | |||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| National | −0.017*** | −0.110*** | −0.039*** | −0.070*** | −2.330 | −1.428 | −0.172 | 0.151 |
| (0.003) | (0.001) | (0.009) | (0.018) | (1.716) | (2.050) | (0.409) | (0.461) | |
| Local | −0.332*** | −0.334*** | −0.012*** | −0.010*** | 0.492 | 0.491 | 0.019 | 0.006 |
| (0.064) | (0.049) | (0.003) | (0.002) | (0.432) | (0.491) | (0.098) | (0.098) | |
| Neighbor | 0.098 | 0.043 | 0.015 | −0.009 | ||||
| (0.091) | (0.111) | (0.023) | (0.026) | |||||
| K-means 1500 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Control Variables | No | Yes | No | Yes | No | Yes | No | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Restaurant FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Month FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 144,044 | 144,044 | 144,044 | 144,044 | 118,207 | 118,207 | 118,207 | 118,207 |
| R-squared | 0.127 | 0.203 | 0.142 | 0.277 | 0.501 | 0.561 | 0.237 | 0.365 |
The regressions are estimated using weighted least squares, using as weight the daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% levels of confidence. All errors are clustered at the city level.
Results at Different Stages of the Pandemic with 1500 Clusters.
| Variable | PANEL A: Post = 1 for Post-COVID period (March 19-May 31, 2020) vs Pre-COVID Period (January 1–22, 2020) | ||||||
|---|---|---|---|---|---|---|---|
| Fat | Sugar | Sodium | Protein | Fiber | NRF | NPI | |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | |
| Post | −0.946*** | −1.983*** | −34.660*** | 0.240* | 0.197* | 4.464** | 1.497*** |
| (0.259) | (0.464) | (9.965) | (0.121) | (0.092) | (1.885) | (0.277) | |
| K-means 1500 | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Other Controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City-month | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Chain FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| City FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day of the week FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Hour FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Day FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Observations | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 | 317,921 |
| R-squared | 0.254 | 0.367 | 0.160 | 0.246 | 0.222 | 0.169 | 0.284 |
The regressions are estimated using weighted least squares. The dependent variable is the weighted daily number of transactions in each restaurant. Note that *, **, *** indicate 90%, 95%, and 99% confidence intervals. All errors are clustered at the city level.