Hedonic {plm} | R Documentation |
Hedonic Prices of Census Tracts in the Boston Area
Description
A cross-section
number of observations : 506
observation : regional
country : United States
Usage
data(Hedonic)
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
Online complements to Baltagi (2001).
http://www.wiley.com/legacy/wileychi/baltagi/.
References
Baltagi, Badi H. (2001): Econometric Analysis of Panel Data, 2nd ed., John Wiley and Sons.
Belsley, D.A., E. Kuh and R. E. Welsch (1980): Regression Diagnostics: Identifying Influencial Data and Sources of Collinearity, John Wiley, New York.
Harrison, D. and D.L. Rubinfeld (1978): “Hedonic housing prices and the demand for clean air”, Journal of Environmental Economics and Management, 5, 81–102.
[Package
plm version 1.2-3
Index]