{ "record_id": "1b06d5abfe32d650517ed54e21f8d196f135c666", "eligible": true, "exclusion_reason": null, "study": { "title": "Impact of light rail line on residential property values - a case of Sydney, Australia", "year": 2021, "doi": "10.1108/ijhma-03-2021-0033", "country": "Australia", "region_city": "Sydney - Kensington/Randwick (around UNSW, CBD and South East Light Rail stops)", "sample_start": 2012, "sample_end": 2020, "property_type": "mixed", "price_type": "transaction", "data_source": "CoreLogic RP Data sales records, Dec 2012 - Mar 2020, inflation-adjusted; 702 sales within 800 m of the two light-rail stops", "document_type": "journal", "estimators": [ "OLS" ], "spatial_method": "", "time_fe": false, "location_fe": false, "se_type": "unknown", "n_obs_total": 702, "ai_methods": [], "notes": "Accepted-manuscript version. Tables 5 and 6 (p.24) print unstandardized coefficient, Std. Error, standardized coefficient, p-value, tolerance and VIF. Star legend as printed: * p<0.10, ** p<0.05, *** p<0.001. Dependent variable: sale price in AUD (level). AREA = area of property in m2; LOT_SZ = lot size in m2; P_TYPE 1 = house, 0 = unit; D400 = within 0-400 m of stops (vs 401-800 m); D800 = within 401-800 m (vs 0-400 m) — both dummies entered together as printed. Two period models: T1 announcement phase (Dec 2012 - Feb 2015, n=286) and T2 construction phase (Mar 2015 - Mar 2020, n=416)." }, "models": [ { "model_id": "T5-T1", "table": "5", "column": "T1 (Announcement Phase)", "page": 24, "dep_var": "PRICE (AUD)", "dep_transform": "level", "estimator": "OLS", "n_obs": 286, "r2": 0.808, "se_or_t_in_parentheses": "se", "sample_subset": "Dec 2012 - Feb 2015" }, { "model_id": "T6-T2", "table": "6", "column": "T2 (Construction Phase)", "page": 24, "dep_var": "PRICE (AUD)", "dep_transform": "level", "estimator": "OLS", "n_obs": 416, "r2": 0.867, "se_or_t_in_parentheses": "se", "sample_subset": "Mar 2015 - Mar 2020" } ], "coefficients": [ { "model_id": "T5-T1", "var_name_printed": "AGE", "taxonomy_id": "age", "x_transform": "level", "x_unit": "years", "beta": -2.737, "se": 609.503, "t": null, "p": 0.996, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T6-T2", "var_name_printed": "AGE", "taxonomy_id": "age", "x_transform": "level", "x_unit": "years", "beta": -1489.234, "se": 607.064, "t": null, "p": 0.015, "p_stars": "**", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T5-T1", "var_name_printed": "AREA", "taxonomy_id": "living_area", "x_transform": "level", "x_unit": "m2", "beta": 1665.921, "se": 342.579, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "Area of property (m2)" }, { "model_id": "T6-T2", "var_name_printed": "AREA", "taxonomy_id": "living_area", "x_transform": "level", "x_unit": "m2", "beta": 2816.495, "se": 394.776, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "Area of property (m2)" }, { "model_id": "T5-T1", "var_name_printed": "BDRM", "taxonomy_id": "bedrooms", "x_transform": "level", "x_unit": "count", "beta": 69979.407, "se": 21476.228, "t": null, "p": 0.001, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T6-T2", "var_name_printed": "BDRM", "taxonomy_id": "bedrooms", "x_transform": "level", "x_unit": "count", "beta": 82793.058, "se": 19860.177, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T5-T1", "var_name_printed": "BTHR", "taxonomy_id": "bathrooms", "x_transform": "level", "x_unit": "count", "beta": 73740.179, "se": 30429.466, "t": null, "p": 0.016, "p_stars": "**", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T6-T2", "var_name_printed": "BTHR", "taxonomy_id": "bathrooms", "x_transform": "level", "x_unit": "count", "beta": -15883.716, "se": 26759.403, "t": null, "p": 0.553, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T5-T1", "var_name_printed": "PRKG", "taxonomy_id": "parking", "x_transform": "level", "x_unit": "count", "beta": 54604.633, "se": 21856.738, "t": null, "p": 0.013, "p_stars": "**", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "Number of parking spaces" }, { "model_id": "T6-T2", "var_name_printed": "PRKG", "taxonomy_id": "parking", "x_transform": "level", "x_unit": "count", "beta": 103929.702, "se": 20881.198, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "Number of parking spaces" }, { "model_id": "T5-T1", "var_name_printed": "LOT_SZ", "taxonomy_id": "lot_size", "x_transform": "level", "x_unit": "m2", "beta": -0.535, "se": 16.841, "t": null, "p": 0.975, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T6-T2", "var_name_printed": "LOT_SZ", "taxonomy_id": "lot_size", "x_transform": "level", "x_unit": "m2", "beta": -19.36, "se": 20.237, "t": null, "p": 0.339, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "" }, { "model_id": "T5-T1", "var_name_printed": "P_TYPE", "taxonomy_id": "dwelling_type", "x_transform": "binary", "x_unit": "binary", "beta": 598145.437, "se": 60749.289, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = house, 0 = unit" }, { "model_id": "T6-T2", "var_name_printed": "P_TYPE", "taxonomy_id": "dwelling_type", "x_transform": "binary", "x_unit": "binary", "beta": 981064.7, "se": 51472.085, "t": null, "p": 0.0, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = house, 0 = unit" }, { "model_id": "T5-T1", "var_name_printed": "D400", "taxonomy_id": "transit_distance", "x_transform": "dummy", "x_unit": "binary", "beta": 64979.197, "se": 45392.838, "t": null, "p": 0.153, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = within 0-400 m of light-rail stop" }, { "model_id": "T6-T2", "var_name_printed": "D400", "taxonomy_id": "transit_distance", "x_transform": "dummy", "x_unit": "binary", "beta": 154805.107, "se": 48003.912, "t": null, "p": 0.001, "p_stars": "***", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = within 0-400 m of light-rail stop" }, { "model_id": "T5-T1", "var_name_printed": "D800", "taxonomy_id": "transit_distance", "x_transform": "dummy", "x_unit": "binary", "beta": 22742.752, "se": 67041.932, "t": null, "p": 0.735, "p_stars": "", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = within 401-800 m of light-rail stop" }, { "model_id": "T6-T2", "var_name_printed": "D800", "taxonomy_id": "transit_distance", "x_transform": "dummy", "x_unit": "binary", "beta": 120083.533, "se": 65190.065, "t": null, "p": 0.066, "p_stars": "*", "ci_lo": null, "ci_hi": null, "page": 24, "confidence": "high", "notes": "1 = within 401-800 m of light-rail stop" } ] }