kielmc: kielmc

kielmcR Documentation

kielmc

Description

Wooldridge Source: K.A. Kiel and K.T. McClain (1995), “House Prices During Siting Decision Stages: The Case of an Incinerator from Rumor Through Operation,” Journal of Environmental Economics and Management 28, 241-255. Professor McClain kindly provided the data, of which I used only a subset. Data loads lazily.

Usage

data('kielmc')

Format

A data.frame with 321 observations on 25 variables:

  • year: 1978 or 1981

  • age: age of house

  • agesq: age^2

  • nbh: neighborhood, 1-6

  • cbd: dist. to cent. bus. dstrct, ft.

  • intst: dist. to interstate, ft.

  • lintst: log(intst)

  • price: selling price

  • rooms: # rooms in house

  • area: square footage of house

  • land: square footage lot

  • baths: # bathrooms

  • dist: dist. from house to incin., ft.

  • ldist: log(dist)

  • wind: prc. time wind incin. to house

  • lprice: log(price)

  • y81: =1 if year == 1981

  • larea: log(area)

  • lland: log(land)

  • y81ldist: y81*ldist

  • lintstsq: lintst^2

  • nearinc: =1 if dist <= 15840

  • y81nrinc: y81*nearinc

  • rprice: price, 1978 dollars

  • lrprice: log(rprice)

Used in Text

pages 220, 454-457, 475, 477

Source

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

Examples

 str(kielmc)

wooldridge documentation built on May 3, 2023, 5:06 p.m.