Table 3 Regression outputs from housing and wage models and implicit prices of amenities
(1) | (2) | (3) | |
|---|---|---|---|
VARIABLES | Housing Model | Wage Model | Implicit Prices euros |
Water | 0.430*** | 0.180*** | 16628.26 |
(0.039) | (0.021) | ||
Commercial Activities | 0.272*** | 0.442*** | 3040.31 |
(0.023) | (0.016) | ||
Residential Qualities | 0.098*** | 0.175*** | 10919.69 |
(0.005) | (0.005) | ||
Parks | 0.147*** | 0.127*** | 9353.441 |
(0.032) | (0.028) | ||
NonVMs | 0.402*** | 1.073*** | 58233.24 |
(0.015) | (0.016) | ||
Highly Educated Pop. | 1.424*** | 1.144*** | 58145.55 |
(0.020) | (0.017) | ||
Road Networks | −0.257*** | −0.577*** | |
(0.022) | (0.016) | ||
DistancetoCenter | −0.889*** | −0.3624*** | |
(0.028) | (0.016) | ||
Road NetworksXDistancetoCenter | 0.625*** | 0.671*** | 767.0873 |
(0.088) | (0.057) | ||
SqrCentimeter | 0.002*** | ||
(0.000) | |||
FarmHouse (Ref:Leisure House) | 1.413*** | ||
(0.070) | |||
Apartment | 0.033* | ||
(0.018) | |||
Terraced House | 0.539*** | ||
(0.017) | |||
Villa | 0.843*** | ||
(0.017) | |||
Constant | 11.462*** | 8.943*** | |
(0.024) | (0.015) | ||
Observations | 89,969 | 89,969 | |
R-squared | 0.504 | 0.225 |
