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Table 8 Summary of FE regression results of contactless credit cards

From: The impact of contactless payment on cash usage at an early stage of diffusion

 Usual cash withdrawnNumber of withdrawalsCash in walletCash share volume
VariableBaselineControls 1Controls 2BaselineControls 1Controls 2BaselineControls 1Controls 2BaselineControls 1Controls 2
 (1)(2)(3)(1)(2)(3)(1)(2)(3)(1)(2)(3)
Contactless6.7666.8558.906-0.325-0.326-0.2958.3716.8506.067-0.011-0.013-0.013
Credit cards            
 (8.994)(11.044)(9.824)(0.355)(0.435)(0.446)(12.976)(14.477)(14.318)(0.027)(0.030)(0.030)
R20.0120.0160.0880.0060.0090.0310.0090.0140.0240.0130.0330.035
Observations359228652865360228742873359928742874355628602858
Individuals853845845853847846851844844852846845
DemographicsYesYesYesYesYesYesYesYesYesYesYesYes
Relative characteristicsNoYesYesNoYesYesNoYesYesNoYesYes
Withdrawal methodNoNoYesNoNoYesNoNoYesNoNoYes
  1. Cluster-robust standard errors are used and given in parentheses. Survey weights are used. Significance levels are denoted as ***p <0.01, **p <0.05, *p <0.1. The full set of FE estimates are reported in the Appendix (see Tables 21, 23, 25 and 27)