hprice2: hprice2

Description Usage Format Notes Source Examples

Description

Wooldridge Source: D. Harrison and D.L. Rubinfeld (1978), “Hedonic Housing Prices and the Demand for Clean Air,” by Harrison, D. and D.L.Rubinfeld, Journal of Environmental Economics and Management 5, 81-102. Diego Garcia, a former Ph.D. student in economics at MIT, kindly provided these data, which he obtained from the book Regression Diagnostics: Identifying Influential Data and Sources of Collinearity, by D.A. Belsey, E. Kuh, and R. Welsch, 1990. New York: Wiley. Data loads lazily.

Usage

1
data('hprice2')

Format

A data.frame with 506 observations on 12 variables:

Notes

The census contains rich information on variables such as median housing prices, median income levels, average family size, and so on, for fairly small geographical areas. If such data can be merged with pollution data, one can update the Harrison and Rubinfeld study. Presumably, this has been done in academic journals.

Used in Text: pages 108, 132-133, 190-191, 196-197.

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

1

Example output

'data.frame':	506 obs. of  12 variables:
 $ price   : num  24000 21599 34700 33400 36199 ...
 $ crime   : num  0.006 0.027 0.027 0.032 0.069 ...
 $ nox     : num  5.38 4.69 4.69 4.58 4.58 ...
 $ rooms   : num  6.57 6.42 7.18 7 7.15 ...
 $ dist    : num  4.09 4.97 4.97 6.06 6.06 ...
 $ radial  : int  1 2 2 3 3 3 5 5 5 5 ...
 $ proptax : num  29.6 24.2 24.2 22.2 22.2 ...
 $ stratio : num  15.3 17.8 17.8 18.7 18.7 ...
 $ lowstat : num  4.98 9.14 4.03 2.94 5.33 ...
 $ lprice  : num  10.09 9.98 10.45 10.42 10.5 ...
 $ lnox    : num  1.68 1.55 1.55 1.52 1.52 ...
 $ lproptax: num  5.69 5.49 5.49 5.4 5.4 ...
 - attr(*, "datalabel")= chr ""
 - attr(*, "time.stamp")= chr "25 Jun 2011 23:03"
 - attr(*, "formats")= chr  "%9.0g" "%9.0g" "%9.0g" "%9.0g" ...
 - attr(*, "types")= int  254 254 254 254 254 251 254 254 254 254 ...
 - attr(*, "val.labels")= chr  "" "" "" "" ...
 - attr(*, "var.labels")= chr  "median housing price, $" "crimes committed per capita" "nit ox concen; parts per 100m" "avg number of rooms" ...
 - attr(*, "version")= int 10

wooldridge documentation built on June 24, 2021, 9:07 a.m.