| Variable | Small Retail Establishments (SRE) | Large Retail Establishments (LRE) | ||
| Coefficient | z | Coefficient | z | |
| GPOP | 0.814*** | 3.03 | −1.516*** | −7.66 |
| GEMP | 0.273 | 1.39 | 0.644*** | 4.42 |
| GPCI | 0.462 | 1.53 | 0.025 | 0.12 |
| REBASE | 0.000 | 0.43 | −0.060*** | −3.02 |
| POPBASE | −0.011 | −0.7 | −0.080*** | 3.46 |
| EGOV | −0.007 | −0.88 | 0.011** | 2.06 |
| CMHV | 0.064*** | −2.83 | 0.054*** | 2.97 |
| PCITAX | 0.005 | 0.5 | −0.007 | −0.99 |
| PTAX | −0.001 | −0.07 | −0.010 | −0.91 |
| ROADDEN | 0.042 | 1.27 | 0.001 | 0.03 |
| NFIRM | 0.069*** | 2.39 | −0.035* | −1.68 |
| POVERTY | −0.036 | −1.23 | 0.020 | 0.97 |
| METRO | 0.010 | 0.55 | 0.018 | 1.1 |
| METROADJ | 0.028 | 1.58 | −0.017 | −1.06 |
| R2 | 0.467 | 0.366 | ||
| N | 299 | 299 | ||