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Ecdat (version 0.2-9)

Hedonic: Hedonic Prices of Cencus Tracts in Boston

Description

a cross-section

number of observations : 506

observation : regional

country : United States

Usage

data(Hedonic)

Arguments

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 nonretail 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

Source

Harrison, D. and D.L. Rubinfeld (1978) “Hedonic housing prices and the demand for clean air”, Journal of Environmental Economics Ans Management, 5, 81--102. Belsley, D.A., E. Kuh and R. E. Welsch (1980) Regression diagnostics: identifying influencal data ans sources of collinearity, John Wiley, New--York.

References

Baltagi, Badi H. (2003) Econometric analysis of panel data, John Wiley and sons, http://www.wiley.com/legacy/wileychi/baltagi/.

See Also

Index.Source, Index.Economics, Index.Econometrics, Index.Observations