Model | Variable Name [Source/Justification] | Variable Description | Source | Expected Influence ceteris paribus |
---|---|---|---|---|
All | GDP (PPP) [16] | Gross Domestic Product measured in international dollars | WHO | Prices increases with GDP |
 | GDP (USD) [16] | Gross Domestic Product measured in US dollars | WHO | Prices increases with GDP |
Both Media Models | Regional Dummies (WHO) | Global Burden of Disease regions (geographic and economic) | WHO | Proximate groups may have similar market structures |
 | Regional Dummies (WB) | World Bank regions – Income groups (economic) | WB | Proximate groups may have similar market structures |
Printed Media | Flyer Dummy | Variable indicating if price is for flyer rather than poster | Collected data/WHO | Lower price if flyer |
 | Flyer Dummy * GDP | Interaction term |  | Price of flyers may have different relation to GDP than posters if different printing technologies are used |
Advertising Media | Population in service area [17] | Total population in area reached by a media outlet | UN Stats/World Gazetteer | Larger population raises price |
 | Predicted market size [17] | Total population in area reached by a media outlet adjusted for access to media outlets | UN Stats | Larger population raises price |
 | Competition within media outlet type [23;24;25] | Number of media outlets within a category (TV, Radio, Newspaper), adjusted and unadjusted for predicted market size | CIA Fact book/UN Stats | Greater competition would likely reduce prices (although interacts with demand for media) |
 | Competition with all media outlet types [23] | Number of media outlets across categories (TV, Radio, Newspaper), adjusted and unadjusted for predicted market size |  |  |
 | Monopoly [17] |  | Collected data | Monopoly would likely raise prices |
 | Government Ownership [17] |  |  | Undetermined; depends on government pricing policy but likely would raise prices if monopoly or lower prices if in competitive market. |
 | Newspaper Dummy | Variable indicating if price is for Newspaper rather than radio | Collected data/WHO | Higher price than radio |
 | TV Dummy | Variable indicating if price is for TV rather than radio |  | Higher price than radio |
 | Dummies * GDP | Interaction term |  | Price of media may have different relation to GDP than radio because different technologies are used |
Water | Access to fresh water | Amount of water available per capita (annual) | WB Development Indicators | Higher access to water should lower price |
 | Total quantity of water supplied [17;33] | Total amount of water supplied in a country (annual) |  | More demand should raise prices; may also indicate dis/economies of scale |
 | Island (dummy) | Variable indicates if the country is a small island | Data collected | Increase price if an island |
 | Annual Rainfall [33] | Total annual rainfall | Country Watch | Increased rainfall should decrease price of water |
Electricity | Fraction derived from fossil fuels | Percentage of electricity generated from fossil fuels | CIA Fact book | Higher fossil fuel use should increases price |
 | Fraction imported | Percentage of electricity consumed that is imported |  | Higher imports should increase price |
 | Total electricity consumption [17] | Total amount of electricity consumed |  | More demand should raise prices; may also indicate dis/economies of scale |
 | Total electricity production [17] | Total amount of electricity produced |  |  |