Table 2.
Regression Results for Net New Construction
Independent Variables | Coefficients | Standard Errors | |
---|---|---|---|
Population growth last year | 0.1404*** | (0.0135) | |
Equalized property value growth last year | 0.1728*** | (0.0084) | |
Constant | 0.0135*** | (0.0003) | |
N = 504 | R2 = 0.674 |
Note:
p < 0.01. Independent variables are measured in logs. The equation includes county government fixed effects, although these results are not displayed.