Table 3 Basic statistics of socio-economic variables, describing area characteristics of treated and not-treated stores.
1% threshold | 3% threshold | |||
|---|---|---|---|---|
Treated | Not-treated | Treated | Not-treated | |
Percentage of college graduates | 36.26 | 31.58 | 36.99 | 32.96 |
(1.81) | (4.92) | (0.00) | (4.71) | |
Density | 2221.44 | 834.97 | 2119.26 | 1275.62 |
(1682.50) | (639.44) | (0.00) | (1366.50) | |
Income | 1,023,001 | 1,014,020 | 1,182,717 | 973,590 |
(154,196) | (175,436) | (0.00) | (157,568) | |
Number of stores within 1 km | 21.73 | 15.66 | 25.68 | 17.16 |
(11.66) | (10.00) | (14.59) | (10.33) | |
Above 65 year-old population percentage | 14.59 | 15.08 | 13.01 | 15.08 |
(1.90) | (2.99) | (0.00) | (2.71) | |