Base Specification and Robustness to Variable Selection
| variables | Model 1 | Model 2 | Model 3 | |||
|---|---|---|---|---|---|---|
| Satellite | Secchi Disk | Satellite | Secchi Disk | Satellite | Secchi Disk | |
| WCLA | 0.0755*** (0.0244) | 0.0543** (0.0205) | 0.0548** (0.0243) | 0.0291* (0.0165) | 0.0498*** (0.0106) | 0.0444*** (0.0107) |
| ln WC | 0.0352 (0.0550) | 0.0136 (0.0450) | — — | — — | 0.0092 (0.0434) | −0.0205 (0.0378) |
| ln LA | −0.0682 (0.0563) | −0.0295 (0.0481) | −0.0155 (0.0617) | 0.0342 (0.0487) | — — | — — |
| Water Clarity Measure | Annual Minimum | Annual Minimum | Annual Minimum | Annual Minimum | Annual Minimum | Annual Minimum |
| Blockgroup level controls | Yes | Yes | No | No | No | No |
| Lake characteristics | Yes | Yes | Yes | Yes | No | No |
| County fixed effects | Yes (1) | Yes (1) | No | No | No | No |
| Blockgroup fixed effects | No | No | Yes (46) | Yes (46) | Yes (46) | Yes (46) |
| Observations | 1,020 | 1,020 | 1,020 | 1,020 | 1,020 | 1,020 |
| R-squared | 0.6587 | 0.6577 | 0.6881 | 0.6872 | 0.6847 | 0.6829 |
Note: Robust standard errors have been clustered at the census block group level. All regressions include year and month fixed effects and a vector of housing characteristics.
↵***, **, * indicates significance at the 1%, 5%, and 10% level, respectively. See Appendix Table A3 for the full set of results.