Effect of 1993 Flood on Pooled Data: Difference-In-Differences Model
| I | II | III | IV | V | |
|---|---|---|---|---|---|
| Postflood*100-year floodplain | −0.0176 (0.0131) | −0.0176 (0.0131) | −0.0177 (0.0131) | −0.0176 (0.0131) | −0.0173 (0.0131) |
| Postflood*500-year floodplain | −0.0216* (0.0126) | −0.0216* (0.0126) | −0.0216* (0.0126) | −0.0217* (0.0126) | −0.0219* (0.0125) |
| Postflood | −0.0600*** (0.0119) | −0.0600*** (0.0119) | −0.0601*** (0.0119) | −0.0600*** (0.0119) | −0.0599*** (0.0119) |
| 100-year floodplain | −0.0247 (0.0168) | −0.0244 (0.0163) | −0.0248 (0.0163) | −0.0244 (0.0168) | −0.0300* (0.0167) |
| 500-year floodplain | 0.0008 (0.0135) | 0.0010 (0.0130) | 0.0008 (0.0130) | 0.0010 (0.0136) | −0.0013 (0.0133) |
| Quarter mile of Missouri or Mississippi | 0.0414 (0.0325) | 0.0419 (0.0331) | 0.0360 (0.0305) | 0.0415 (0.0324) | |
| Distance to river in miles | 0.0091 (0.0318) | −0.0165 (0.0612) | |||
| Distance to river in miles squared | −0.0094 (0.0174) | −0.0004 (0.0393) | |||
| Tributary | −0.0313 (0.0212) | ||||
| Tributary*Distance to river in miles | 0.0320 (0.0628) | ||||
| Tributary*Distance to river squared | −0.0108 (0.0393) | ||||
| Inverse distance to river | −0.0000* (0.0000) | ||||
| Eighth-mile band | 0.0148 (0.0104) | ||||
| Quarter-mile band | 0.0038 (0.0077) | ||||
| Over one mile band | 0.0028 (0.0099) | ||||
| Structural, neighborhood, and locational characteristics | Y | Y | Y | Y | Y |
| R2 | 0.8185 | 0.8185 | 0.8185 | 0.8185 | 0.8185 |
| N | 424.727 | 424.727 | 424.727 | 424.727 | 424.727 |
Note: The dependent variable in all specifications is the natural log of the price in constant 2006 dollars. When errors are clustered in this way, more coefficients are being estimated than clusters, so it is not possible to test that all coefficients are simultaneously zero.
↵* Coefficient significant at the 0.10 level;
↵*** coefficient significant at the 0.01 level.