Table 5.
Hedonic regression estimates for the whole of Amsterdam
| Variable | Estimate | SE | t value | |
|---|---|---|---|---|
| Intercept | 1.070e+01 | 1.540e−02 | 695.003 | <2e−16*** |
| 1996 | 1.265e−01 | 6.013e−03 | 21.041 | <2e−16*** |
| 1997 | 2.801e−01 | 5.757e−03 | 48.653 | <2e−16*** |
| 1998 | 4.333e−01 | 5.715e−03 | 75.808 | <2e−16*** |
| 1999 | 6.706e−01 | 5.558e−03 | 120.655 | <2e−16*** |
| 2000 | 8.053e−01 | 5.452e−03 | 147.715 | <2e−16*** |
| 2001 | 8.916e−01 | 5.325e−03 | 167.431 | <2e−16*** |
| 2002 | 8.765e−01 | 5.241e−03 | 167.243 | <2e−16*** |
| 2003 | 8.510e−01 | 5.216e−03 | 163.143 | <2e−16*** |
| 2004 | 8.706e−01 | 5.204e−03 | 167.305 | <2e−16*** |
| 2005 | 9.261e−01 | 5.067e−03 | 182.765 | <2e−16*** |
| 2006 | 9.989e−01 | 5.020e−03 | 199.008 | <2e−16*** |
| 2007 | 1.092e+00 | 4.996e−03 | 218.572 | <2e−16*** |
| 2008 | 1.126e+00 | 5.004e−03 | 225.033 | <2e−16*** |
| 2009 | 1.066e+00 | 5.085e−03 | 209.665 | <2e−16*** |
| 2010 | 1.069e+00 | 5.116e−03 | 208.968 | <2e−16*** |
| 2011 | 1.046e+00 | 5.116e−03 | 204.451 | <2e−16*** |
| 2012 | 9.919e−01 | 5.148e−03 | 192.660 | <2e−16*** |
| 2013 | 9.922e−01 | 5.222e−03 | 189.997 | <2e−16*** |
| 2014 | 1.077e+00 | 5.136e−03 | 209.756 | <2e−16*** |
| M2 | 7.818e−03 | 2.517e−05 | 310.600 | <2e−16*** |
| NKAMERS | 1.949e−02 | 7.371e−04 | 26.440 | <2e−16*** |
| AGE | −2.881e−03 | 3.135e−04 | −9.190 | <2e−16*** |
| NVERDIEP | 1.064e−02 | 1.223e−03 | 8.702 | < 2e−16*** |
| VERW1 | −6.645e−02 | 3.651e−03 | −18.203 | <2e−16*** |
| VERW2 | 5.185e−02 | 2.794e−03 | 18.559 | <2e−16*** |
| VERW3 | 1.019e−01 | 4.924e−02 | 2.070 | 0.038471* |
| ONBI2 | 1.059e−03 | 3.139e−02 | 0.034 | 0.973078 |
| ONBI3 | 2.847e−02 | 1.483e−02 | 1.919 | 0.054992. |
| ONBI4 | 3.401e−02 | 1.772e−02 | 1.919 | 0.054934. |
| ONBI5 | 5.142e−02 | 1.411e−02 | 3.643 | 0.000269*** |
| ONBI6 | 7.189e−02 | 1.452e−02 | 4.952 | 7.36e−07*** |
| ONBI7 | 1.594e−01 | 1.396e−02 | 11.413 | <2e−16*** |
| ONBI8 | 2.596e−01 | 1.447e−02 | 17.946 | <2e−16*** |
| ONBI9 | 2.730e−01 | 1.403e−02 | 19.465 | <2e−16*** |
| Town house | 9.764e−02 | 1.349e−02 | 7.236 | 4.65e−13*** |
| Corner house | 7.207e−02 | 4.735e−03 | 15.219 | <2e−16*** |
| Semi-detached house | 2.391e−01 | 7.828e−03 | 30.545 | <2e−16*** |
| Detached house | 2.633e−01 | 7.059e−03 | 37.293 | <2e−16*** |
| Apartment | −2.646e−02 | 2.912e−03 | −9.087 | <2e−16*** |
| Loc36301 | 6.941e−02 | 3.442e−02 | 2.017 | 0.043736* |
| Loc36302 | −2.047e−01 | 3.384e−03 | −60.477 | <2e−16*** |
| Loc36303 | −1.101e−01 | 3.096e−03 | −35.572 | <2e−16*** |
| Loc36304 | −2.625e−01 | 3.212e−03 | −81.723 | <2e−16*** |
| Loc36305 | −4.052e−01 | 3.640e−03 | −111.322 | <2e−16*** |
| Loc36306 | −2.735e−01 | 3.286e−03 | −83.230 | <2e−16*** |
| Loc36307 | −5.498e−01 | 3.174e−03 | −173.192 | <2e−16*** |
| Loc36308 | −5.697e−01 | 4.154e−03 | −137.140 | <2e−16*** |
| Loc36309 | −5.753e−01 | 3.623e−03 | −158.809 | <2e−16*** |
| Loc36310 | −4.531e−01 | 3.930e−03 | −115.297 | <2e−16*** |
| Loc36311 | −7.026e−01 | 3.456e−03 | −203.322 | <2e−16*** |
| Loc36312 | −2.098e−01 | 2.987e−03 | −70.246 | <2e−16*** |
| Loc36313 | −4.562e−02 | 2.398e−03 | −19.022 | <2e−16*** |
| Loc36314 | −1.973e−01 | 2.828e−03 | −69.765 | <2e−16*** |
1996−2014 are the year dummies, while 1995 is omitted for identifiability. Residual standard error: 0.2198 on 115235 degrees of freedom, Multiple R-squared: 0.8425, Adjusted R-squared: 0.8424, F-statistic: 1.163e+04 on 53 and 115235 DF, p value: < 2.2e−16. Signif. codes: 0.05 ‘’, 0.01 ‘*’, 0.001 ‘**’, 0 ‘***’