| Hedonic {plm} | R Documentation |
Hedonic Prices of Census Tracts in the Boston Area
Description
A cross-section
Format
A dataframe containing:
- mv
median value of owner–occupied homes
- crim
crime rate
- zn
proportion of 25,000 square feet residential lots
- indus
proportion of no–retail business acres
- chas
is the tract bounds the Charles River?
- nox
annual average nitrogen oxide concentration in parts per hundred million
- rm
average number of rooms
- age
proportion of owner units built prior to 1940
- dis
weighted distances to five employment centers in the Boston area
- rad
index of accessibility to radial highways
- tax
full value property tax rate ($/$10,000)
- ptratio
pupil/teacher ratio
- blacks
proportion of blacks in the population
- lstat
proportion of population that is lower status
- townid
town identifier
Details
number of observations : 506
observation : regional
country : United States
Source
Online complements to Baltagi (2001):
https://www.wiley.com/legacy/wileychi/baltagi/
Online complements to Baltagi (2013):
https://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=4338&itemId=1118672321&resourceId=13452
References
Baltagi BH (2001). Econometric Analysis of Panel Data, 3rd edition. John Wiley and Sons ltd.
Baltagi BH (2013). Econometric Analysis of Panel Data, 5th edition. John Wiley and Sons ltd.
Besley DA, Kuh E, Welsch RE (1980). Regression diagnostics: identifying influential data and sources of collinearity. John Wiley and Sons ltd. Wiley series in probability and statistics.
Harrison D, Rubinfeld DL (1978). “Hedonic housing prices and the demand for clean air.” Journal of Environmental Economics and Management, 5, 81-102.