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Table 5 Results of Lewbel’s IV

From: Accounting for tastes: do low-income populations have a higher preference for spicy foods?

  (1) (2) (3) (4)
Preference for spicy foods Preference for spicy foods Preference for spicy foods Preference for spicy foods
OLS IV Lewbel-IV-2SLS Lewbel-IV-GMM
PCI(log) − 0.0164** (0.00697) − 0.0723* (0.0377) − 0.0716*** (0.0201) − 0.0732*** (0.0199)
F statistics   225.137 255.248 255.248
Hansen    0.120 0.120
Observations 5964 5964 5964 5964
  1. Standard errors are clustered in the county level (reported in parentheses)
  2. ***, **, and * indicate statistical significance at the 1%, 5%, and 10% level respectively