R Dataset / Package Ecdat / Hedonic

On this R-data statistics page, you will find information about the Hedonic data set which pertains to Hedonic Prices of Census Tracts in Boston . The Hedonic data set is found in the Ecdat R package. You can load the Hedonic data set in R by issuing the following command at the console data("Hedonic"). This will load the data into a variable called Hedonic. If R says the Hedonic data set is not found, you can try installing the package by issuing this command install.packages("Ecdat") and then attempt to reload the data with the library() command. If you need to download R, you can go to the R project website. You can download a CSV (comma separated values) version of the Hedonic R data set. The size of this file is about 58,348 bytes.

Hedonic Prices of Census Tracts in Boston

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

Harrison, D. and D.L. Rubinfeld (1978) “Hedonic housing prices and the demand for clean air”, Journal of Environmental Economics Ans Management, 5, 81–102.

Belsley, D.A., E. Kuh and R. E. Welsch (1980) Regression diagnostics: identifying influential data and sources of collinearity, John Wiley, New–York.

References

Baltagi, Badi H. (2003) Econometric analysis of panel data, John Wiley and sons, http://www.wiley.com/legacy/wileychi/baltagi/.

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