AER (version 0.2-2)

HousePrices: House Prices in the City of Windsor, Canada

Description

Sales prices of houses sold in the city of Windsor, Canada, during July, August and September, 1987.

Usage

data("HousePrices")

source

Journal of Applied Econometrics Data Archive.

http://www.econ.queensu.ca/jae/1996-v11.6/anglin-gencay/

References

Anglin, P., and Gencay, R. (1996). Semiparametric Estimation of a Hedonic Price Function. Journal of Applied Econometrics, 11, 633--648.

Verbeek, M. (2004). A Guide to Modern Econometrics, 2nd ed. Chichester, UK: John Wiley.

Examples

data("HousePrices")

### Anglin + Gencay (1996), Table II
fm_ag <- lm(log(price) ~ driveway + recreation + fullbase + gasheat + 
  aircon + garage + prefer + log(lotsize) + log(bedrooms) + 
  log(bathrooms) + log(stories), data = HousePrices)

### Anglin + Gencay (1996), Table III
fm_ag2 <- lm(log(price) ~ driveway + recreation + fullbase + gasheat + 
  aircon + garage + prefer + log(lotsize) + bedrooms + 
  bathrooms + stories, data = HousePrices)

### Verbeek (2004), Table 3.1
fm <- lm(log(price) ~ log(lotsize) + bedrooms + bathrooms + aircon, data = HousePrices)
summary(fm)

### Verbeek (2004), Table 3.2
fm_ext <- lm(log(price) ~ . - lotsize + log(lotsize), data = HousePrices)
summary(fm_ext)

### Verbeek (2004), Table 3.3
fm_lin <- lm(price ~ . , data = HousePrices)
summary(fm_lin)