1{2 "record_id": "0e8221fad5dffd447b52c9be164621765eb67679",3 "eligible": true,4 "exclusion_reason": null,5 "study": {6 "title": "From peaks to prices: the economic impact of natural amenities on alpine real estate values",7 "year": 2025,8 "doi": "10.1108/jerer-02-2025-0033",9 "country": "Italy",10 "region_city": "Belluno Dolomites (Veneto), Italian Alps, 10 municipalities",11 "sample_start": 2022,12 "sample_end": 2023,13 "property_type": "mixed",14 "price_type": "transaction",15 "data_source": "Italian Revenue Agency (Agenzia delle Entrate) SISTER registered sales contracts, Jan 2022-Nov 2023; GIS variables (QGIS, OSM, ARPAV)",16 "document_type": "journal",17 "estimators": [18 "OLS",19 "spatial_lag"20 ],21 "spatial_method": "SAR (spatial lag, GeoDa, row-standardised W)",22 "time_fe": false,23 "location_fe": false,24 "se_type": "OLS",25 "n_obs_total": 447,26 "ai_methods": [],27 "notes": "Dependent variable is log of transaction price per square metre (EUR/m2). Mostly apartments (houses and portions of houses as dummies). Star legend: * p<0.05, ** p<0.01, *** p<0.001 (non-standard). Minus signs missing from text layer; signs read from rendered page image. SAR coefficients are direct effects (rho = 0.39)."28 },29 "models": [30 {31 "model_id": "T2-OLS",32 "table": "2",33 "column": "OLS",34 "page": 10,35 "dep_var": "log of transaction price per m2",36 "dep_transform": "per_m2",37 "estimator": "OLS",38 "n_obs": 447,39 "r2": 0.606,40 "se_or_t_in_parentheses": "se",41 "sample_subset": "Full sample; dep var log(price/m2)"42 },43 {44 "model_id": "T2-SAR",45 "table": "2",46 "column": "SAR",47 "page": 10,48 "dep_var": "log of transaction price per m2",49 "dep_transform": "per_m2",50 "estimator": "spatial_lag",51 "n_obs": 447,52 "r2": 0.615,53 "se_or_t_in_parentheses": "se",54 "sample_subset": "Full sample; pseudo R2; spatial lag rho=0.39 (SE 0.115)"55 }56 ],57 "coefficients": [58 {59 "model_id": "T2-OLS",60 "var_name_printed": "Property size",61 "taxonomy_id": "living_area",62 "x_transform": "level",63 "x_unit": "m2",64 "beta": -0.003,65 "se": 0.001,66 "t": null,67 "p": null,68 "p_stars": "***",69 "ci_lo": null,70 "ci_hi": null,71 "page": 10,72 "confidence": "high",73 "notes": "Total weighted area of dwelling incl. garage (m2); dep var is price per m2"74 },75 {76 "model_id": "T2-SAR",77 "var_name_printed": "Property size",78 "taxonomy_id": "living_area",79 "x_transform": "level",80 "x_unit": "m2",81 "beta": -0.003,82 "se": 0.001,83 "t": null,84 "p": null,85 "p_stars": "***",86 "ci_lo": null,87 "ci_hi": null,88 "page": 10,89 "confidence": "high",90 "notes": "Total weighted area of dwelling incl. garage (m2); dep var is price per m2"91 },92 {93 "model_id": "T2-OLS",94 "var_name_printed": "EPC ABCD",95 "taxonomy_id": "energy_efficiency",96 "x_transform": "dummy",97 "x_unit": "binary",98 "beta": 0.324,99 "se": 0.0764,100 "t": null,101 "p": null,102 "p_stars": "**",103 "ci_lo": null,104 "ci_hi": null,105 "page": 10,106 "confidence": "high",107 "notes": "EPC class A4-D vs reference G"108 },109 {110 "model_id": "T2-SAR",111 "var_name_printed": "EPC ABCD",112 "taxonomy_id": "energy_efficiency",113 "x_transform": "dummy",114 "x_unit": "binary",115 "beta": 0.337,116 "se": 0.074,117 "t": null,118 "p": null,119 "p_stars": "***",120 "ci_lo": null,121 "ci_hi": null,122 "page": 10,123 "confidence": "high",124 "notes": "EPC class A4-D vs reference G"125 },126 {127 "model_id": "T2-OLS",128 "var_name_printed": "EPC E",129 "taxonomy_id": "energy_efficiency",130 "x_transform": "dummy",131 "x_unit": "binary",132 "beta": 0.226,133 "se": 0.0706,134 "t": null,135 "p": null,136 "p_stars": "**",137 "ci_lo": null,138 "ci_hi": null,139 "page": 10,140 "confidence": "high",141 "notes": "EPC class E vs reference G"142 },143 {144 "model_id": "T2-SAR",145 "var_name_printed": "EPC E",146 "taxonomy_id": "energy_efficiency",147 "x_transform": "dummy",148 "x_unit": "binary",149 "beta": 0.233,150 "se": 0.069,151 "t": null,152 "p": null,153 "p_stars": "***",154 "ci_lo": null,155 "ci_hi": null,156 "page": 10,157 "confidence": "high",158 "notes": "EPC class E vs reference G"159 },160 {161 "model_id": "T2-OLS",162 "var_name_printed": "EPC F",163 "taxonomy_id": "energy_efficiency",164 "x_transform": "dummy",165 "x_unit": "binary",166 "beta": 0.202,167 "se": 0.058,168 "t": null,169 "p": null,170 "p_stars": "***",171 "ci_lo": null,172 "ci_hi": null,173 "page": 10,174 "confidence": "high",175 "notes": "EPC class F vs reference G"176 },177 {178 "model_id": "T2-SAR",179 "var_name_printed": "EPC F",180 "taxonomy_id": "energy_efficiency",181 "x_transform": "dummy",182 "x_unit": "binary",183 "beta": 0.205,184 "se": 0.057,185 "t": null,186 "p": null,187 "p_stars": "***",188 "ci_lo": null,189 "ci_hi": null,190 "page": 10,191 "confidence": "high",192 "notes": "EPC class F vs reference G"193 },194 {195 "model_id": "T2-OLS",196 "var_name_printed": "Building age",197 "taxonomy_id": "age",198 "x_transform": "level",199 "x_unit": "years",200 "beta": -0.011,201 "se": 0.001,202 "t": null,203 "p": null,204 "p_stars": "***",205 "ci_lo": null,206 "ci_hi": null,207 "page": 10,208 "confidence": "high",209 "notes": "Age = 2024 minus construction year; quadratic term also included"210 },211 {212 "model_id": "T2-SAR",213 "var_name_printed": "Building age",214 "taxonomy_id": "age",215 "x_transform": "level",216 "x_unit": "years",217 "beta": -0.012,218 "se": 0.001,219 "t": null,220 "p": null,221 "p_stars": "***",222 "ci_lo": null,223 "ci_hi": null,224 "page": 10,225 "confidence": "high",226 "notes": "Age = 2024 minus construction year; quadratic term also included"227 },228 {229 "model_id": "T2-OLS",230 "var_name_printed": "Building age (^2)",231 "taxonomy_id": "age",232 "x_transform": "squared",233 "x_unit": "years",234 "beta": 0.0,235 "se": 0.0,236 "t": null,237 "p": null,238 "p_stars": "***",239 "ci_lo": null,240 "ci_hi": null,241 "page": 10,242 "confidence": "medium",243 "notes": "Quadratic term printed as 0.000*** (SE printed 0.000); rounding hides magnitude"244 },245 {246 "model_id": "T2-SAR",247 "var_name_printed": "Building age (^2)",248 "taxonomy_id": "age",249 "x_transform": "squared",250 "x_unit": "years",251 "beta": 0.0,252 "se": 0.0,253 "t": null,254 "p": null,255 "p_stars": "***",256 "ci_lo": null,257 "ci_hi": null,258 "page": 10,259 "confidence": "medium",260 "notes": "Quadratic term printed as 0.000*** (SE printed 0.000); rounding hides magnitude"261 },262 {263 "model_id": "T2-OLS",264 "var_name_printed": "House",265 "taxonomy_id": "dwelling_type",266 "x_transform": "dummy",267 "x_unit": "binary",268 "beta": -0.104,269 "se": 0.107,270 "t": null,271 "p": null,272 "p_stars": "",273 "ci_lo": null,274 "ci_hi": null,275 "page": 10,276 "confidence": "high",277 "notes": "House vs reference apartment"278 },279 {280 "model_id": "T2-SAR",281 "var_name_printed": "House",282 "taxonomy_id": "dwelling_type",283 "x_transform": "dummy",284 "x_unit": "binary",285 "beta": -0.087,286 "se": 0.104,287 "t": null,288 "p": null,289 "p_stars": "",290 "ci_lo": null,291 "ci_hi": null,292 "page": 10,293 "confidence": "high",294 "notes": "House vs reference apartment"295 },296 {297 "model_id": "T2-OLS",298 "var_name_printed": "Portion of the house",299 "taxonomy_id": "dwelling_type",300 "x_transform": "dummy",301 "x_unit": "binary",302 "beta": -0.21,303 "se": 0.052,304 "t": null,305 "p": null,306 "p_stars": "***",307 "ci_lo": null,308 "ci_hi": null,309 "page": 10,310 "confidence": "high",311 "notes": "Portion of house vs reference apartment"312 },313 {314 "model_id": "T2-SAR",315 "var_name_printed": "Portion of the house",316 "taxonomy_id": "dwelling_type",317 "x_transform": "dummy",318 "x_unit": "binary",319 "beta": -0.2,320 "se": 0.051,321 "t": null,322 "p": null,323 "p_stars": "***",324 "ci_lo": null,325 "ci_hi": null,326 "page": 10,327 "confidence": "high",328 "notes": "Portion of house vs reference apartment"329 },330 {331 "model_id": "T2-OLS",332 "var_name_printed": "Bathrooms",333 "taxonomy_id": "bathrooms",334 "x_transform": "level",335 "x_unit": "count",336 "beta": 0.165,337 "se": 0.055,338 "t": null,339 "p": null,340 "p_stars": "**",341 "ci_lo": null,342 "ci_hi": null,343 "page": 10,344 "confidence": "high",345 "notes": ""346 },347 {348 "model_id": "T2-SAR",349 "var_name_printed": "Bathrooms",350 "taxonomy_id": "bathrooms",351 "x_transform": "level",352 "x_unit": "count",353 "beta": 0.157,354 "se": 0.054,355 "t": null,356 "p": null,357 "p_stars": "**",358 "ci_lo": null,359 "ci_hi": null,360 "page": 10,361 "confidence": "high",362 "notes": ""363 },364 {365 "model_id": "T2-OLS",366 "var_name_printed": "Mediation",367 "taxonomy_id": "other",368 "x_transform": "dummy",369 "x_unit": "binary",370 "beta": 0.121,371 "se": 0.044,372 "t": null,373 "p": null,374 "p_stars": "**",375 "ci_lo": null,376 "ci_hi": null,377 "page": 10,378 "confidence": "high",379 "notes": "Printed name Mediation: sale mediated by real estate agency = 1"380 },381 {382 "model_id": "T2-SAR",383 "var_name_printed": "Mediation",384 "taxonomy_id": "other",385 "x_transform": "dummy",386 "x_unit": "binary",387 "beta": 0.119,388 "se": 0.042,389 "t": null,390 "p": null,391 "p_stars": "**",392 "ci_lo": null,393 "ci_hi": null,394 "page": 10,395 "confidence": "high",396 "notes": "Printed name Mediation: sale mediated by real estate agency = 1"397 },398 {399 "model_id": "T2-OLS",400 "var_name_printed": "Number of hotels",401 "taxonomy_id": "neighbourhood_amenities",402 "x_transform": "level",403 "x_unit": "count",404 "beta": 0.046,405 "se": 0.02,406 "t": null,407 "p": null,408 "p_stars": "*",409 "ci_lo": null,410 "ci_hi": null,411 "page": 10,412 "confidence": "high",413 "notes": "Number of hotels within 250 m buffer"414 },415 {416 "model_id": "T2-SAR",417 "var_name_printed": "Number of hotels",418 "taxonomy_id": "neighbourhood_amenities",419 "x_transform": "level",420 "x_unit": "count",421 "beta": 0.049,422 "se": 0.019,423 "t": null,424 "p": null,425 "p_stars": "*",426 "ci_lo": null,427 "ci_hi": null,428 "page": 10,429 "confidence": "high",430 "notes": "Number of hotels within 250 m buffer"431 },432 {433 "model_id": "T2-OLS",434 "var_name_printed": "Forest cover (250 m radius)",435 "taxonomy_id": "green_space",436 "x_transform": "level",437 "x_unit": "share",438 "beta": -0.004,439 "se": 0.001,440 "t": null,441 "p": null,442 "p_stars": "***",443 "ci_lo": null,444 "ci_hi": null,445 "page": 10,446 "confidence": "high",447 "notes": "Percentage of 250 m buffer area covered by forest (unit: percentage points)"448 },449 {450 "model_id": "T2-SAR",451 "var_name_printed": "Forest cover (250 m radius)",452 "taxonomy_id": "green_space",453 "x_transform": "level",454 "x_unit": "share",455 "beta": -0.003,456 "se": 0.001,457 "t": null,458 "p": null,459 "p_stars": "**",460 "ci_lo": null,461 "ci_hi": null,462 "page": 10,463 "confidence": "high",464 "notes": "Percentage of 250 m buffer area covered by forest (unit: percentage points)"465 },466 {467 "model_id": "T2-OLS",468 "var_name_printed": "Log of distance to the ski lift",469 "taxonomy_id": "other",470 "x_transform": "log",471 "x_unit": "m",472 "beta": -0.053,473 "se": 0.029,474 "t": null,475 "p": null,476 "p_stars": "",477 "ci_lo": null,478 "ci_hi": null,479 "page": 10,480 "confidence": "high",481 "notes": "Printed name: log of distance to nearest ski lift (metres)"482 },483 {484 "model_id": "T2-SAR",485 "var_name_printed": "Log of distance to the ski lift",486 "taxonomy_id": "other",487 "x_transform": "log",488 "x_unit": "m",489 "beta": -0.027,490 "se": 0.029,491 "t": null,492 "p": null,493 "p_stars": "",494 "ci_lo": null,495 "ci_hi": null,496 "page": 10,497 "confidence": "high",498 "notes": "Printed name: log of distance to nearest ski lift (metres)"499 },500 {501 "model_id": "T2-OLS",502 "var_name_printed": "Log of distance to primary road",503 "taxonomy_id": "highway_distance",504 "x_transform": "log",505 "x_unit": "m",506 "beta": 0.059,507 "se": 0.016,508 "t": null,509 "p": null,510 "p_stars": "***",511 "ci_lo": null,512 "ci_hi": null,513 "page": 10,514 "confidence": "high",515 "notes": "Log of distance to nearest primary road (metres)"516 },517 {518 "model_id": "T2-SAR",519 "var_name_printed": "Log of distance to primary road",520 "taxonomy_id": "highway_distance",521 "x_transform": "log",522 "x_unit": "m",523 "beta": 0.053,524 "se": 0.016,525 "t": null,526 "p": null,527 "p_stars": "***",528 "ci_lo": null,529 "ci_hi": null,530 "page": 10,531 "confidence": "high",532 "notes": "Log of distance to nearest primary road (metres)"533 },534 {535 "model_id": "T2-OLS",536 "var_name_printed": "Winter temperature",537 "taxonomy_id": "urban_heat",538 "x_transform": "level",539 "x_unit": "degrees_C",540 "beta": -0.136,541 "se": 0.031,542 "t": null,543 "p": null,544 "p_stars": "***",545 "ci_lo": null,546 "ci_hi": null,547 "page": 10,548 "confidence": "high",549 "notes": "Mean DJF air temperature 2018-2022 (degrees C), with quadratic term"550 },551 {552 "model_id": "T2-SAR",553 "var_name_printed": "Winter temperature",554 "taxonomy_id": "urban_heat",555 "x_transform": "level",556 "x_unit": "degrees_C",557 "beta": -0.088,558 "se": 0.032,559 "t": null,560 "p": null,561 "p_stars": "**",562 "ci_lo": null,563 "ci_hi": null,564 "page": 10,565 "confidence": "high",566 "notes": "Mean DJF air temperature 2018-2022 (degrees C), with quadratic term"567 },568 {569 "model_id": "T2-OLS",570 "var_name_printed": "Winter temperature (^2)",571 "taxonomy_id": "urban_heat",572 "x_transform": "squared",573 "x_unit": "degrees_C",574 "beta": -0.032,575 "se": 0.011,576 "t": null,577 "p": null,578 "p_stars": "**",579 "ci_lo": null,580 "ci_hi": null,581 "page": 10,582 "confidence": "high",583 "notes": "Quadratic term of winter temperature"584 },585 {586 "model_id": "T2-SAR",587 "var_name_printed": "Winter temperature (^2)",588 "taxonomy_id": "urban_heat",589 "x_transform": "squared",590 "x_unit": "degrees_C",591 "beta": -0.023,592 "se": 0.011,593 "t": null,594 "p": null,595 "p_stars": "*",596 "ci_lo": null,597 "ci_hi": null,598 "page": 10,599 "confidence": "high",600 "notes": "Quadratic term of winter temperature"601 }602 ]603}