Results spatial regression model. Effects across price distribution. Treatment effect. Restricted sample. All projects
| Variables | SEM n2 | SEM n20 | SAR n2 | SAR n20 | SDM n2 | SDM n20 |
|---|---|---|---|---|---|---|
| Near | 0.0133 (3.64) | 0.0110 (3.16) | 0.0135 (3.52) | 0.0186 (4.56) | 0.0121 (4.19) | 0.0099 (1.24) |
| Treatment | 0.0233 (6.02) | 0.0053 (1.30) | 0.0172 (5.78) | 0.0186 (5.90) | 0.0085 (3.92) | 0.0019 (0.63) |
| Variables | SEM | SEM | SAR | SAR | SDM | SDM |
|---|---|---|---|---|---|---|
| Near | 0.0133 (3.64) | 0.0110 (3.16) | 0.0135 (3.52) | 0.0186 (4.56) | 0.0121 (4.19) | 0.0099 (1.24) |
| Treatment | 0.0233 (6.02) | 0.0053 (1.30) | 0.0172 (5.78) | 0.0186 (5.90) | 0.0085 (3.92) | 0.0019 (0.63) |
Notes:
SAR = spatial autoregressive model; SDM = spatial Durbin model; and SEM = spatial error model; The notation n2 and n20 means two neighbors and 20 neighbors, respectively