1{2 "record_id": "0f88c3ee1b9c25f3d6602c7c07d55400a39f254b",3 "eligible": true,4 "exclusion_reason": null,5 "study": {6 "title": "End of the line: The impact of new suburban rail stations on housing prices",7 "year": 2023,8 "doi": "10.5198/jtlu.2023.2199",9 "country": "United States",10 "region_city": "Prince George's County, Maryland (Washington, DC suburb)",11 "sample_start": 1998,12 "sample_end": 2007,13 "property_type": "single_family",14 "price_type": "transaction",15 "data_source": "Maryland Real Property Assessments (Maryland Open Data Portal); WMATA station shapefiles; Commuter Connections park-and-ride data",16 "document_type": "journal",17 "estimators": [18 "OLS",19 "FE_panel"20 ],21 "spatial_method": "none (ZIP FE / house FE)",22 "time_fe": true,23 "location_fe": true,24 "se_type": "clustered",25 "n_obs_total": 57912,26 "ai_methods": [],27 "notes": "Hedonic model (T3-c1): ZIP code FE, sales year-quarter FE, ZIP-specific linear trends, SE clustered at ZIP. Repeat-sales models: house FE (structural characteristics drop out). Table 4 column 1 is identical to T3-c2 and was not duplicated. Table 4 note says robust SE. Appendix tables A1-A3 (levels specification, distance categories) are in a separate supplemental file, not in the PDF. Distance effect is positive (station proximity a disamenity)."28 },29 "models": [30 {31 "model_id": "T3-c1",32 "table": "3",33 "column": "1",34 "page": 11,35 "dep_var": "ln(sales price), 2000 dollars",36 "dep_transform": "log",37 "estimator": "OLS",38 "n_obs": 57912,39 "r2": null,40 "se_or_t_in_parentheses": "se",41 "sample_subset": "full sample hedonic; ZIP code FE, year-quarter FE, ZIP linear trends; SE clustered at ZIP"42 },43 {44 "model_id": "T3-c2",45 "table": "3",46 "column": "2",47 "page": 11,48 "dep_var": "ln(sales price), 2000 dollars",49 "dep_transform": "log",50 "estimator": "FE_panel",51 "n_obs": 16511,52 "r2": null,53 "se_or_t_in_parentheses": "se",54 "sample_subset": "repeat-sales sample with house FE, time FE, ZIP linear trends"55 },56 {57 "model_id": "T4-c2",58 "table": "4",59 "column": "2",60 "page": 14,61 "dep_var": "ln(sales price), 2000 dollars",62 "dep_transform": "log",63 "estimator": "FE_panel",64 "n_obs": 11243,65 "r2": null,66 "se_or_t_in_parentheses": "se",67 "sample_subset": "repeat-sales robustness: properties built before 1990; robust SE"68 },69 {70 "model_id": "T4-c3",71 "table": "4",72 "column": "3",73 "page": 14,74 "dep_var": "ln(sales price), 2000 dollars",75 "dep_transform": "log",76 "estimator": "FE_panel",77 "n_obs": 8956,78 "r2": null,79 "se_or_t_in_parentheses": "se",80 "sample_subset": "repeat-sales robustness: properties < 5 miles from station; robust SE"81 },82 {83 "model_id": "T4-c4",84 "table": "4",85 "column": "4",86 "page": 14,87 "dep_var": "ln(sales price), 2000 dollars",88 "dep_transform": "log",89 "estimator": "FE_panel",90 "n_obs": 12132,91 "r2": null,92 "se_or_t_in_parentheses": "se",93 "sample_subset": "repeat-sales robustness: properties < 7 miles; robust SE"94 },95 {96 "model_id": "T4-c5",97 "table": "4",98 "column": "5",99 "page": 14,100 "dep_var": "ln(sales price), 2000 dollars",101 "dep_transform": "log",102 "estimator": "FE_panel",103 "n_obs": 15980,104 "r2": null,105 "se_or_t_in_parentheses": "se",106 "sample_subset": "repeat-sales robustness: properties < 10 miles; robust SE"107 },108 {109 "model_id": "T4-c6",110 "table": "4",111 "column": "6",112 "page": 14,113 "dep_var": "ln(sales price), 2000 dollars",114 "dep_transform": "log",115 "estimator": "FE_panel",116 "n_obs": 32231,117 "r2": null,118 "se_or_t_in_parentheses": "se",119 "sample_subset": "repeat-sales robustness: all repeat sales 1994-2011 (extended window); robust SE"120 },121 {122 "model_id": "T4-c7",123 "table": "4",124 "column": "7",125 "page": 14,126 "dep_var": "ln(sales price), 2000 dollars",127 "dep_transform": "log",128 "estimator": "FE_panel",129 "n_obs": 32231,130 "r2": null,131 "se_or_t_in_parentheses": "se",132 "sample_subset": "repeat-sales robustness: placebo-type: treatment date = construction groundbreaking, 1994-2011 sample; robust SE"133 }134 ],135 "coefficients": [136 {137 "model_id": "T3-c1",138 "var_name_printed": "Distance",139 "taxonomy_id": "transit_distance",140 "x_transform": "level",141 "x_unit": "miles",142 "beta": 0.028,143 "se": 0.007,144 "t": null,145 "p": null,146 "p_stars": "***",147 "ci_lo": null,148 "ci_hi": null,149 "page": 11,150 "confidence": "high",151 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"152 },153 {154 "model_id": "T3-c1",155 "var_name_printed": "Distance squared",156 "taxonomy_id": "transit_distance",157 "x_transform": "squared",158 "x_unit": "miles",159 "beta": -0.002,160 "se": 0.001,161 "t": null,162 "p": null,163 "p_stars": "**",164 "ci_lo": null,165 "ci_hi": null,166 "page": 11,167 "confidence": "high",168 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared"169 },170 {171 "model_id": "T3-c1",172 "var_name_printed": "Age",173 "taxonomy_id": "age",174 "x_transform": "level",175 "x_unit": "years",176 "beta": -0.001,177 "se": 0.001,178 "t": null,179 "p": null,180 "p_stars": "",181 "ci_lo": null,182 "ci_hi": null,183 "page": 11,184 "confidence": "high",185 "notes": "age of home; with Age squared"186 },187 {188 "model_id": "T3-c1",189 "var_name_printed": "Age squared",190 "taxonomy_id": "age",191 "x_transform": "squared",192 "x_unit": "years",193 "beta": -0.0,194 "se": 0.0,195 "t": null,196 "p": null,197 "p_stars": "",198 "ci_lo": null,199 "ci_hi": null,200 "page": 11,201 "confidence": "medium",202 "notes": "printed -0.000 (0.000)"203 },204 {205 "model_id": "T3-c1",206 "var_name_printed": "Structural area (ln)",207 "taxonomy_id": "living_area",208 "x_transform": "log",209 "x_unit": "sqft",210 "beta": 0.411,211 "se": 0.019,212 "t": null,213 "p": null,214 "p_stars": "***",215 "ci_lo": null,216 "ci_hi": null,217 "page": 11,218 "confidence": "high",219 "notes": "log structural area in sq ft"220 },221 {222 "model_id": "T3-c1",223 "var_name_printed": "Basement",224 "taxonomy_id": "basement",225 "x_transform": "binary",226 "x_unit": "binary",227 "beta": 0.161,228 "se": 0.01,229 "t": null,230 "p": null,231 "p_stars": "***",232 "ci_lo": null,233 "ci_hi": null,234 "page": 11,235 "confidence": "high",236 "notes": ""237 },238 {239 "model_id": "T3-c1",240 "var_name_printed": "Below average",241 "taxonomy_id": "condition",242 "x_transform": "binary",243 "x_unit": "binary",244 "beta": -0.109,245 "se": 0.017,246 "t": null,247 "p": null,248 "p_stars": "***",249 "ci_lo": null,250 "ci_hi": null,251 "page": 11,252 "confidence": "high",253 "notes": "1 = below average condition"254 },255 {256 "model_id": "T3-c1",257 "var_name_printed": "Split level",258 "taxonomy_id": "dwelling_type",259 "x_transform": "binary",260 "x_unit": "binary",261 "beta": 0.06,262 "se": 0.012,263 "t": null,264 "p": null,265 "p_stars": "***",266 "ci_lo": null,267 "ci_hi": null,268 "page": 11,269 "confidence": "high",270 "notes": "1 = split-level house"271 },272 {273 "model_id": "T3-c1",274 "var_name_printed": "Parking",275 "taxonomy_id": "other",276 "x_transform": "level",277 "x_unit": "count",278 "beta": 0.0,279 "se": 0.0,280 "t": null,281 "p": null,282 "p_stars": "",283 "ci_lo": null,284 "ci_hi": null,285 "page": 11,286 "confidence": "medium",287 "notes": "number of all-day parking spaces within one mile of nearest station (station attribute, not property parking); printed 0.000 (0.000)"288 },289 {290 "model_id": "T3-c2",291 "var_name_printed": "Distance",292 "taxonomy_id": "transit_distance",293 "x_transform": "level",294 "x_unit": "miles",295 "beta": 0.05,296 "se": 0.011,297 "t": null,298 "p": null,299 "p_stars": "***",300 "ci_lo": null,301 "ci_hi": null,302 "page": 11,303 "confidence": "high",304 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; repeat sales with house FE; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"305 },306 {307 "model_id": "T3-c2",308 "var_name_printed": "Distance squared",309 "taxonomy_id": "transit_distance",310 "x_transform": "squared",311 "x_unit": "miles",312 "beta": -0.002,313 "se": 0.001,314 "t": null,315 "p": null,316 "p_stars": "*",317 "ci_lo": null,318 "ci_hi": null,319 "page": 11,320 "confidence": "high",321 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared"322 },323 {324 "model_id": "T3-c2",325 "var_name_printed": "Parking",326 "taxonomy_id": "other",327 "x_transform": "level",328 "x_unit": "count",329 "beta": 0.0,330 "se": 0.0,331 "t": null,332 "p": null,333 "p_stars": "",334 "ci_lo": null,335 "ci_hi": null,336 "page": 11,337 "confidence": "medium",338 "notes": "station park-and-ride spaces within one mile; printed 0.000 (0.000)"339 },340 {341 "model_id": "T4-c2",342 "var_name_printed": "Distance",343 "taxonomy_id": "transit_distance",344 "x_transform": "level",345 "x_unit": "miles",346 "beta": 0.044,347 "se": 0.01,348 "t": null,349 "p": null,350 "p_stars": "***",351 "ci_lo": null,352 "ci_hi": null,353 "page": 14,354 "confidence": "high",355 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties built before 1990; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"356 },357 {358 "model_id": "T4-c2",359 "var_name_printed": "Distance squared",360 "taxonomy_id": "transit_distance",361 "x_transform": "squared",362 "x_unit": "miles",363 "beta": -0.001,364 "se": 0.001,365 "t": null,366 "p": null,367 "p_stars": "+",368 "ci_lo": null,369 "ci_hi": null,370 "page": 14,371 "confidence": "high",372 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties built before 1990"373 },374 {375 "model_id": "T4-c3",376 "var_name_printed": "Distance",377 "taxonomy_id": "transit_distance",378 "x_transform": "level",379 "x_unit": "miles",380 "beta": 0.058,381 "se": 0.031,382 "t": null,383 "p": null,384 "p_stars": "+",385 "ci_lo": null,386 "ci_hi": null,387 "page": 14,388 "confidence": "high",389 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 5 miles from station; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"390 },391 {392 "model_id": "T4-c3",393 "var_name_printed": "Distance squared",394 "taxonomy_id": "transit_distance",395 "x_transform": "squared",396 "x_unit": "miles",397 "beta": -0.0,398 "se": 0.005,399 "t": null,400 "p": null,401 "p_stars": "",402 "ci_lo": null,403 "ci_hi": null,404 "page": 14,405 "confidence": "high",406 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 5 miles from station"407 },408 {409 "model_id": "T4-c4",410 "var_name_printed": "Distance",411 "taxonomy_id": "transit_distance",412 "x_transform": "level",413 "x_unit": "miles",414 "beta": 0.078,415 "se": 0.021,416 "t": null,417 "p": null,418 "p_stars": "***",419 "ci_lo": null,420 "ci_hi": null,421 "page": 14,422 "confidence": "high",423 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 7 miles; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"424 },425 {426 "model_id": "T4-c4",427 "var_name_printed": "Distance squared",428 "taxonomy_id": "transit_distance",429 "x_transform": "squared",430 "x_unit": "miles",431 "beta": -0.005,432 "se": 0.003,433 "t": null,434 "p": null,435 "p_stars": "*",436 "ci_lo": null,437 "ci_hi": null,438 "page": 14,439 "confidence": "high",440 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 7 miles"441 },442 {443 "model_id": "T4-c5",444 "var_name_printed": "Distance",445 "taxonomy_id": "transit_distance",446 "x_transform": "level",447 "x_unit": "miles",448 "beta": 0.062,449 "se": 0.012,450 "t": null,451 "p": null,452 "p_stars": "***",453 "ci_lo": null,454 "ci_hi": null,455 "page": 14,456 "confidence": "high",457 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 10 miles; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"458 },459 {460 "model_id": "T4-c5",461 "var_name_printed": "Distance squared",462 "taxonomy_id": "transit_distance",463 "x_transform": "squared",464 "x_unit": "miles",465 "beta": -0.003,466 "se": 0.001,467 "t": null,468 "p": null,469 "p_stars": "**",470 "ci_lo": null,471 "ci_hi": null,472 "page": 14,473 "confidence": "high",474 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; properties < 10 miles"475 },476 {477 "model_id": "T4-c6",478 "var_name_printed": "Distance",479 "taxonomy_id": "transit_distance",480 "x_transform": "level",481 "x_unit": "miles",482 "beta": 0.042,483 "se": 0.007,484 "t": null,485 "p": null,486 "p_stars": "***",487 "ci_lo": null,488 "ci_hi": null,489 "page": 14,490 "confidence": "high",491 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; all repeat sales 1994-2011 (extended window); stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"492 },493 {494 "model_id": "T4-c6",495 "var_name_printed": "Distance squared",496 "taxonomy_id": "transit_distance",497 "x_transform": "squared",498 "x_unit": "miles",499 "beta": -0.001,500 "se": 0.001,501 "t": null,502 "p": null,503 "p_stars": "*",504 "ci_lo": null,505 "ci_hi": null,506 "page": 14,507 "confidence": "high",508 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; all repeat sales 1994-2011 (extended window)"509 },510 {511 "model_id": "T4-c7",512 "var_name_printed": "Distance",513 "taxonomy_id": "transit_distance",514 "x_transform": "level",515 "x_unit": "miles",516 "beta": 0.019,517 "se": 0.012,518 "t": null,519 "p": null,520 "p_stars": "",521 "ci_lo": null,522 "ci_hi": null,523 "page": 14,524 "confidence": "medium",525 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; placebo-type: treatment date = construction groundbreaking, 1994-2011 sample; stars: *** p<0.001, ** p<0.01, * p<0.05, + p<0.10 (non-standard legend)"526 },527 {528 "model_id": "T4-c7",529 "var_name_printed": "Distance squared",530 "taxonomy_id": "transit_distance",531 "x_transform": "squared",532 "x_unit": "miles",533 "beta": -0.001,534 "se": 0.001,535 "t": null,536 "p": null,537 "p_stars": "",538 "ci_lo": null,539 "ci_hi": null,540 "page": 14,541 "confidence": "medium",542 "notes": "Euclidean distance (miles) to nearest Metro station in sales year; quadratic with Distance squared; placebo-type: treatment date = construction groundbreaking, 1994-2011 sample"543 }544 ]545}