Table 3.
Independent Variables | Neighborhood Gini | Poor-Affluent Exposure |
---|---|---|
Ordinary Least Squares | ||
Permitted Density Zoning | −0.048** | 0.015** |
(0.009) | (0.004) | |
Constant | 0.256 | −0.080 |
(0.139) | (0.057) | |
Adjusted R2 | 0.381 | 0.824 |
Two Stage Least Squares | ||
Permitted Density Zoning | −0.048** | 0.012 |
(0.013) | (0.006) | |
Constant | 0.253 | −0.056 |
(0.160) | (0.073) | |
Adjusted R2 | 0.381 | 0.820 |
Anderson Correlation | 32.966 | 32.966 |
p-value | 0.000 | 0.000 |
Hansen J Statistic | 0.696 | 0.358 |
p-value | 0.404 | 0.550 |
p<.01;
p<.05; Year of statehood and metropolitan population density in 1910 are the instruments. Anderson tests null hypothesis that instruments are irrelevant; Hansen tests null that they are uncorrelated with the error term.
OLS & 2SLS Controls: 2000 values: Household Income Gini Coefficient, Poverty Rate, Affluence Rate, Percentage Black or Latino, Number of Jurisdictions