Table 7 Differences in estimated housing prices in Daegu.

From: Asymmetric impacts of artificial intelligence on housing price valuation across education levels

 

0–5%

95–100%

0–10%

90–100%

0–20%

80–100%

Panel A.1: Univ. grad. is omitted.

RF-OLS

\(-{0.044}^{\ddagger }\)

\({0.059}^{\dagger }\)

\(-{0.081}^{\ddagger }\)

\({0.123}^{\ddagger }\)

\(-{0.082}^{\ddagger }\)

\({0.137}^{\ddagger }\)

 

\(-{8.204}^{\ddagger }\)

\(-{19.972}^{\ddagger }\)

\(-{33.593}^{\ddagger }\)

RF-SLR

\(-0.025\)

\(0.032\)

\(-{0.057}^{\ddagger }\)

\({0.078}^{\ddagger }\)

\(-{0.058}^{\ddagger }\)

\({0.091}^{\ddagger }\)

 

\(-{4.203}^{\ddagger }\)

\(-{13.939}^{\ddagger }\)

\(-{24.113}^{\ddagger }\)

XGB-OLS

\(-{0.044}^{\ddagger }\)

\({0.061}^{\dagger }\)

\(-{0.081}^{\ddagger }\)

\({0.122}^{\ddagger }\)

\(-{0.083}^{\ddagger }\)

\({0.138}^{\ddagger }\)

 

\(-{8.474}^{\ddagger }\)

\(-{20.153}^{\ddagger }\)

\(-{34.231}^{\ddagger }\)

XGB-SLR

\(-0.025\)

\(0.034\)

\(-{0.057}^{\ddagger }\)

\({0.077}^{\ddagger }\)

\(-{0.059}^{\ddagger }\)

\({0.092}^{\ddagger }\)

 

\(-{4.374}^{\ddagger }\)

\(-{14.023}^{\ddagger }\)

\(-{24.674}^{\ddagger }\)

Panel: A.2: Univ. grad. and Top school are omitted.

RF-OLS

\(-{0.065}^{\ddagger }\)

\({0.118}^{\ddagger }\)

\(-{0.093}^{\ddagger }\)

\({0.138}^{\ddagger }\)

\(-{0.092}^{\ddagger }\)

\({0.179}^{\ddagger }\)

 

\(-{13.505}^{\ddagger }\)

\(-{21.046}^{\ddagger }\)

\(-{38.491}^{\ddagger }\)

RF-SLR

\(-0.035\)

\({0.064}^{\dagger }\)

\(-{0.060}^{\ddagger }\)

\({0.080}^{\ddagger }\)

\(-{0.060}^{\ddagger }\)

\({0.109}^{\ddagger }\)

 

\(-{6.605}^{\ddagger }\)

\(-{13.581}^{\ddagger }\)

\(-{25.879}^{\ddagger }\)

XGB-OLS

\(-{0.065}^{\ddagger }\)

\({0.120}^{\ddagger }\)

\(-{0.095}^{\ddagger }\)

\({0.137}^{\ddagger }\)

\(-{0.093}^{\ddagger }\)

\({0.178}^{\ddagger }\)

 

\(-{13.928}^{\ddagger }\)

\(-{21.417}^{\ddagger }\)

\(-{39.027}^{\ddagger }\)

XGB-SLR

\(-0.035\)

\({0.067}^{\dagger }\)

\(-{0.062}^{\ddagger }\)

\({0.079}^{\ddagger }\)

\(-{0.061}^{\ddagger }\)

\({0.108}^{\ddagger }\)

 

\(-{6.868}^{\ddagger }\)

\(-{13.816}^{\ddagger }\)

\(-{26.273}^{\ddagger }\)

Panel B.1: Top school is omitted.

RF-OLS

\(-{0.038}^{* }\)

\(0.014\)

\(-{0.053}^{\ddagger }\)

\({0.080}^{\ddagger }\)

\(-{0.058}^{\ddagger }\)

\({0.105}^{\ddagger }\)

 

\(-{3.882}^{\ddagger }\)

\(-{13.871}^{\ddagger }\)

\(-{23.798}^{\ddagger }\)

RF-SLR

\(-{0.055}^{\dagger }\)

\(0.006\)

\(-{0.054}^{\ddagger }\)

\({0.050}^{\ddagger }\)

\(-{0.043}^{\ddagger }\)

\({0.071}^{\ddagger }\)

 

\(-{5.183}^{\ddagger }\)

\(-{12.080}^{\ddagger }\)

\(-{18.405}^{\ddagger }\)

XGB-OLS

\(-{0.040}^{* }\)

\(0.017\)

\(-{0.054}^{\ddagger }\)

\({0.082}^{\ddagger }\)

\(-{0.059}^{\ddagger }\)

\({0.106}^{\ddagger }\)

 

\(-{4.371}^{\ddagger }\)

\(-{14.332}^{\ddagger }\)

\(-{24.314}^{\ddagger }\)

XGB-SLR

\(-{0.058}^{\ddagger }\)

\(0.009\)

\(-{0.055}^{\ddagger }\)

\({0.052}^{\ddagger }\)

\(-{0.044}^{\ddagger }\)

\({0.072}^{\ddagger }\)

 

\(-{5.761}^{\ddagger }\)

\(-{12.602}^{\ddagger }\)

\(-{18.948}^{\ddagger }\)

Panel B.2: Univ. grad. and Top school are omitted.

RF-OLS

\(-{0.109}^{\ddagger }\)

\(0.020\)

\(-{0.110}^{\ddagger }\)

\({0.098}^{\ddagger }\)

\(-{0.112}^{\ddagger }\)

\({0.142}^{\ddagger }\)

 

\(-{9.724}^{\ddagger }\)

\(-{21.285}^{\ddagger }\)

\(-{34.594}^{\ddagger }\)

RF-SLR

\(-{0.105}^{\ddagger }\)

\(0.009\)

\(-{0.091}^{\ddagger }\)

\({0.055}^{\ddagger }\)

\(-{0.074}^{\ddagger }\)

\({0.087}^{\ddagger }\)

 

\(-{9.647}^{\ddagger }\)

\(-{16.789}^{\ddagger }\)

\(-{25.142}^{\ddagger }\)

XGB-OLS

\(-{0.112}^{\ddagger }\)

\(0.023\)

\(-{0.112}^{\ddagger }\)

\({0.099}^{\ddagger }\)

\(-{0.113}^{\ddagger }\)

\({0.143}^{\ddagger }\)

 

\(-{10.272}^{\ddagger }\)

\(-{21.799}^{\ddagger }\)

\(-{35.354}^{\ddagger }\)

XGB-SLR

\(-{0.108}^{\ddagger }\)

\(0.011\)

\(-{0.092}^{\ddagger }\)

\({0.056}^{\ddagger }\)

\(-{0.075}^{\ddagger }\)

\({0.088}^{\ddagger }\)

 

\(-{10.240}^{\ddagger }\)

\(-{17.289}^{\ddagger }\)

\(-{25.877}^{\ddagger }\)

  1. \(\ddagger\), \(\dagger\), and \(*\) indicate significance at the 1%, 5%, and 10% levels, respectively.