Table 5.
Parsimonious Model of OLS and 2SLS regressions of density zoning on changes in economic segregation in 50 MSAs from 1990-2000 (robust, clustered, standard errors in parentheses).
| Independent Variables | Neighborhood Gini | Poor-Affluent Exposure |
|---|---|---|
| Ordinary Least Squares | ||
| Permitted Density Zoning | −0.032** | 0.015** |
| (0.010) | (0.004) | |
| Constant | .247 ** | 0.042 |
| (0.085) | (0.054) | |
| Adjusted R2 | 0.574 | 0.805 |
| Two Stage Least Squares | ||
| Permitted Density Zoning | −0.034* | 0.013* |
| (0.014) | (0.006) | |
| Constant | .256** | 0.051 |
| (0.098) | (0.056) | |
| Adjusted R2 | 0.574 | 0.804 |
| Anderson Correlation | 32.715 | 42.291 |
| p-value | 0.000 | 0.000 |
| Hansen J Statistic | 0.010 | 1.104 |
| p-value | 0.919 | 0.293 |
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: 1990 values: Economic Segregation Index, Household Income Gini Coefficient, Poverty Rate, Affluence Rate, Percentage Black or Latino, Number of Jurisdictions