Commodities | Non-spenders | Spenders | Difference | t-stat† |
Food | 0.5907 | 0.5851 | 0.0057 | 1.88* |
Health | 0.0548 | 0.0397 | 0.015 | 8.71*** |
Education | 0.0353 | 0.0339 | 0.0014 | 1,10 |
Housing | 0.0256 | 0.0181 | 0.0074 | 4.42*** |
Entertainment | 0.0408 | 0.0417 | −0.0009 | −1.16 |
Clothing | 0.032 | 0.0317 | 0.0004 | 0.82 |
Alcohol | 0.0047 | 0.0087 | −0.004 | −16.82*** |
Energy and Electricity | 0.0876 | 0.0896 | −0.002 | −1.79* |
Durable goods | 0.0409 | 0.0435 | −0.0026 | −1.24 |
Other | 0.0875 | 0.0894 | −0.0019 | −1.25 |
Sample size | 4100 | 5291 |
*, ** and *** show significance levels at 10%, 5% and 1%, respectively.
†Null hypothesis of the Student t statistics for each goods is H0: mean (non-spenders) – mean (spenders)=0.