Table B1

Hazardous Waste Calibration First-Stage Hedonic

Hedonic EstimatesSummary Statistics
VariableEstimateStd. Err.t-Stat.MeanStd. Dev.Min.Max.
Constant/Pricea8.8030.061145.35014,5589,0631,870151,085
Square feet (hundreds)0.0320.000228.74018.466.496.0045.00
Acres0.0980.00247.6500.240.300.0520.00
Stories- 0.0840.002- 52.4201.140.341.004.00
Bathrooms0.0540.00143.5702.530.810.506.00
Age- 0.0060.000- 70.34014.4614.601.0080.00
Pool0.0660.00159.7100.290.450.001.00
Garage0.0530.00221.8900.960.200.001.00
NPL inverse distance- 0.0210.006- 3.2200.150.180.0214.04
CBD distance0.0010.0010.55014.725.980.5172.17
Year Dummy Variables
1991- 0.0050.003
19920.0260.003
19930.0980.003
19940.1670.003
19950.2400.003
19960.2990.002
19970.3550.002
19980.4150.002
19990.4870.002
Statistics
Number of observations242,827
Adjusted R20.8396
  • Note: City fixed effects not reported. CBD, central business district; NPL, National Priorities List.

  • a Price is based on 11% of sale value and corresponds to summary statistics.