spb/wp11_uqo Public
UQO Working Paper No. 11 — Half a million prices, twenty models: a systematic assessment of hedonic specifications.
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Python 45.2%
1name,group,mdape,mape,rmse_ln,r2_ln,seconds,n_train,n_test2A1 Linear (levels),A. Functional form,18.247735441468322,35.554833553436424,0.4197326280373289,0.4770941777730925,0.5,411283,1029293A2 Semi-log,A. Functional form,18.174885439840832,34.4795393377222,0.39663369462465925,0.5330641412991447,0.6,411283,1029294A3 Log-log,A. Functional form,16.965877929132013,32.69009595755662,0.38125191583247026,0.5685782006102371,0.9,411283,1029295A4 Box-Cox,A. Functional form,18.567718342220903,33.001281736849975,0.3903031252718359,0.5478504801090737,4.3,411283,1029296A5 Semi-log + quadratics,A. Functional form,18.057575256256637,34.597939297430145,0.3967501193167754,0.5327899798098671,0.7,411283,1029297A6 Semi-log + splines,A. Functional form,16.52578223473714,32.10851818544987,0.37644836156803374,0.5793810460819198,2.6,411283,1029298B1 No time effects,B. Time effects,21.1450312090911,38.37918215557233,0.42321207728034005,0.4683888002641269,0.5,411283,1029299B2 Year FE,B. Time effects,18.091245071945412,34.663597249791685,0.39704996735836223,0.5320835152583053,0.7,411283,10292910B3 Quarter FE,B. Time effects,18.057575256256637,34.597939297430145,0.3967501193167754,0.5327899798098671,0.6,411283,10292911B4 Month FE,B. Time effects,18.322750827125915,34.80915561246471,0.3982300277671944,0.5292980206991789,0.7,411283,10292912C1 No spatial controls,C. Spatial controls,27.922352076812572,48.39219298797349,0.4944639622666287,0.2743164045351353,0.5,411283,10292913C2 Municipality FE,C. Spatial controls,18.057575256256637,34.597939297430145,0.3967501193167754,0.5327899798098671,0.7,411283,10292914C3 Grid-cell FE (~5.5 km),C. Spatial controls,17.53978076473437,34.03632099310664,0.3918420758470441,0.5442778333854188,0.7,411283,10292915C4 Grid-cell FE (~1.1 km),C. Spatial controls,19.389847159546143,37.50800513353381,0.41828640746256024,0.48069139310554865,0.8,411283,10292916D1 OLS (muni + month FE),D. Estimation method,18.322750827125915,34.80915561246471,0.3982300277671944,0.5292980206991789,0.7,411283,10292917D2 Ridge (cross-validated),D. Estimation method,16.671722823569887,32.2521071548757,0.37758629277068595,0.5768343018663071,10.8,411283,10292918D3 Random forest,D. Estimation method,14.62750218203232,28.181960170119,0.35257338948901984,0.6310418755396041,7.6,411283,10292919D4 Gradient boosting,D. Estimation method,14.388300681085338,27.766499817027036,0.3471568687492957,0.6422912683312305,42.5,411283,10292920"D5 Gradient boosting, no coordinates",D. Estimation method,23.225090677534933,38.30004358013209,0.4398837230475839,0.4256801846835939,17.7,411283,10292921D6 Spatial k-NN comparables,D. Estimation method,21.18226600985226,36.73270267320528,0.43669681006238664,0.43397181715912814,0.1,411283,10292922