Table 2

SARAR Model Results for Dougherty County Using a Contiguity Matrix

Type of Decay (f(Years))
VariableYearsXn(Years)(Year — X')/YearSqrt(Years)
100yrFP−0.0979* (0.0526)−0.0977* (0.0526)−0.0969* (0.0526)−0.0975* (0.0526)
500yrFP0.0687 (0.0857)0.0693 (0.0857)0.0709 (0.0857)0.0699 (0.0857)
Flood0.108** (0.0492)0.112** (0.0491)0.117** (0.0490)0.126** (0.0489)
100yrFPXFlood−0.287***(0.0803)−0.339***(0.0843)−0.406***(0.0923)−0.477***(0.102)
500yrFP × Flood−0.257* (0.147)−0.236 (0.145)−0.198 (0.145)−0.285 (0.178)
f(Years')0.00703 (0.0310)0.107 (0.296)1.116 (2.817)0.0629 (0.192)
100yrFP Xf(Years)0.0470***(0.00991)0.211***(0.0406)0.559***(0.104)0.205***(0.0376)
500yrFP Xf(Years)0.0208 (0.0193)0.0608 (0.0698)0.0720 (0.158)0.0635 (0.0666)
NFIP0.222***(0.0267)0.222***(0.0267)0.222***(0.0267)0.222***(0.0267)
Elevation0.00117** (0.000558)0.00117** (0.000557)0.00118** (0.000557)0.00117** (0.000557)
In(River)−0.0353***(0.00983)−0.0351***(0.00983)−0.0348***(0.00983)−0.0352***(0.00983)
In(Flint)0.0525***(0.0141)0.0521***(0.0141)0.0518***(0.0141)0.0526***(0.0141)
In(Lake)−0.0290***(0.0100)−0.0291***(0.0100)−0.0291***(0.0100)−0.0289***(0.0100)
In(Railroad)−0.00393 (0.00867)−0.00375 (0.00866)−0.00370 (0.00866)−0.00374 (0.00866)
In(Highway)−0.0114* (0.00614)−0.0114* (0.00613)−0.0114* (0.00613)−0.0115* (0.00613)
In(Utilities)−0.0298** (0.0147)−0.0298** (0.0147)−0.0301** (0.0147)−0.0298** (0.0147)
In(Park)−0.0416***(0.0101)−0.0416***(0.0101)−0.0416***(0.0101)−0.0414***(0.0101)
In(School)−0.0258***(0.01000)−0.0258***(0.00998)−0.0258***(0.00997)−0.0259***(0.00998)
Acres0.0121***(0.00379)0.0121***(0.00378)0.0122***(0.00378)0.0121***(0.00379)
Acresq−3.46e−05***(1.34e−05)−3.46e√)5***(1.34e√)5)−3.50e−05***(1.34e−05)−3.45e−05***(1.34e−05)
Age0.0327***(0.00222)0.0326***(0.00222)0.0327***(0.00222)0.0327***(0.00222)
Agesq−0.000417***(2.85e−05)−0.000416***(2.85e−05)−0.000417***(2.85e√)5)−0.000417***(2.85e−05)
Bedrooms0.0715 (0.111)0.0717 (0.110)0.0717 (0.110)0.0716 (0.110)
Bedsq−0.00360 (0.0175)−0.00357 (0.0175)−0.00352 (0.0175)−0.00359 (0.0175)
Fullbths0.431***(0.0593)0.430***(0.0593)0.431***(0.0593)0.430***(0.0592)
Fullbathsq−0.0765***(0.0156)−0.0765***(0.0156)−0.0766***(0.0156)−0.0764***(0.0156)
Halfbths0.367***(0.104)0.364***(0.105)0.362***(0.105)0.365***(0.104)
Halfbathsq−0.309***(0.0997)−0.307***(0.0999)−0.304***(0.100)−0.308***(0.0997)
Htdsqft0.000296***(3.18e−05)0.000296***(3.18e−05)0.000296***(3.18e√)5)0.000296***(3.18e−05)
Htsqftsq− 1.62e−08***(4.60e−09)− 1.62e√)8***(4.60e√)9)− 1.62e−08***(4.61e−09)− 1.61e−08***(4.59e−09)
Fireplace0.0608***(0.0144)0.0605***(0.0144)0.0603***(0.0144)0.0606***(0.0144)
Garage0.123***(0.0207)0.123***(0.0207)0.123***(0.0207)0.123***(0.0207)
AC0.181***(0.0263)0.181***(0.0263)0.181***(0.0263)0.181***(0.0263)
Brick Exterior0.0644 (0.0452)0.0631 (0.0454)0.0606 (0.0456)0.0630 (0.0453)
Xn(Income)0.208***(0.0557)0.207***(0.0560)0.206***(0.0559)0.207***(0.0559)
Nonwhites (%)−0.00344***(0.000557)−0.00344***(0.000559)−0.00346***(0.000560)−0.00345***(0.000558)
Lambda0.00206***(0.000735)0.00206***(0.000734)0.00205***(0.000734)0.00206***(0.000734)
Rho0.112***(0.0111)0.112***(0.0111)0.113***(0.0112)0.113***(0.0111)
Year fixed effectsYesYesYesYes
Observations8,0428,0428,0428,042
  • Note: Robust standard errors in parentheses.

  • * p<0.1;

  • ** p<0.05;

  • *** p<0.01.