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Measuring The Value Of Urban Green Space Using Hedonic Pricing Method

Table 3: Results of SDM modeling

(1) (2) (3) (4)
sdm
VARIABLES Main Wx Spatial Variance
lpGDP 0.267*** -0.111
(0.0884) (0.0918)
sagl 0.122*** 0.0848
(0.0354) (0.0928)
floor -0.000521 -0.00103
(0.000872) (0.00152)
hos 0.00467 -0.000321
(0.00325) (0.00583)
sch 0.0128*** 0.0177***
(0.00317) (0.00607)
old -0.00264* -0.00124**
(0.00142) (0.000492)
ori 0.00341 0.00824
(0.00867) (0.0158)
dec 0.00935 0.0130
(0.0142) (0.0190)
trans -0.00239 -0.00132
(0.00245) (0.00348)
rho 0.404***
(0.0652)
lgt_theta -2.201***
(0.117)
sigma2_e 0.00869***
(0.00135)
Constant 11.29***
(2.988)
Observations 558 558 558 558
R-squared 0.443 0.443 0.443 0.443
Number of _ID 62 62 62 62
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