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Hedonic Prices of Cencus Tracts in Boston
-----------------------------------------

Description
~~~~~~~~~~~

a cross-section

*number of observations* : 506

*observation* : regional

*country* : United States

Usage
~~~~~

::

    data(Hedonic)

Format
~~~~~~

A dataframe containing :

mv
    median value of owner–occupied homes

crim
    crime rate

zn
    proportion of 25,000 square feet residential lots

indus
    proportion of nonretail business acres

chas
    is the tract bounds the Charles River ?

nox
    annual average nitrogen oxide concentration in parts per hundred
    million

rm
    average number of rooms

age
    proportion of owner units built prior to 1940

dis
    weighted distances to five employment centers in the Boston area

rad
    index of accessibility to radial highways

tax
    full value property tax rate (\\$/\\$10,000)

ptratio
    pupil/teacher ratio

blacks
    proportion of blacks in the population

lstat
    proportion of population that is lower status

townid
    town identifier

Source
~~~~~~

Harrison, D. and D.L. Rubinfeld (1978) “Hedonic housing prices and the
demand for clean air”, *Journal of Environmental Economics Ans
Management*, **5**, 81–102.

Belsley, D.A., E. Kuh and R. E. Welsch (1980) *Regression diagnostics:
identifying influencal data ans sources of collinearity*, John Wiley,
New–York.

References
~~~~~~~~~~

Baltagi, Badi H. (2003) *Econometric analysis of panel data*, John Wiley
and sons,
`http://www.wiley.com/legacy/wileychi/baltagi/ <http://www.wiley.com/legacy/wileychi/baltagi/>`_.

See Also
~~~~~~~~

``Index.Source``, ``Index.Economics``, ``Index.Econometrics``,
``Index.Observations``
