Robustness Test: Models with Year Dummies–Floodplain Interaction Terms
| Variable | Contiguity Matrix ln(Price) | Inverse Distance Matrix ln(Price) |
|---|---|---|
| 100yrFP | −0.0936** (0.0454) | −0.0202 (0.0483) |
| 500yrFP | 0.0723 (0.0812) | 0.0871 (0.0818) |
| Flood | 0.139***(0.0531) | 0.144***(0.0520) |
| 100yrFP×Flood | −0.660***(0.131) | −0.652***(0.128) |
| 500yr FP × Flood | −0.171 (0.267) | −0.189 (0.261) |
| 100yrFP×Dum95 | 0.340** (0.146) | 0.271* (0.143) |
| 100yrFP×Dum96 | 0.592***(0.150) | 0.639***(0.147) |
| 100yrFP×Dum97 | 0.630***(0.157) | 0.608***(0.154) |
| 100yrFP×Dum98 | 0.564***(0.155) | 0.536***(0.152) |
| 100yrFP×Dum99 | 0.594***(0.159) | 0.584***(0.156) |
| 100yrFP×Dum00 | 0.852***(0.152) | 0.771***(0.149) |
| 100yrFP×Dum01 | 0.804***(0.161) | 0.736***(0.157) |
| 100yrFP×Dum02 | 0.838***(0.150) | 0.782***(0.147) |
| 100yrFP×Dum03 | 0.659***(0.147) | 0.591***(0.143) |
| 100yrFP×Dum04 | 0.730***(0.148) | 0.706***(0.145) |
| 500yrFP×Dum95 | 0.0280 (0.306) | 0.0371 (0.298) |
| 500yrFP×Dum96 | 0.190 (0.298) | 0.163 (0.290) |
| 500yrFP×Dum97 | −0.607* (0.321) | −0.561* (0.311) |
| 500yrFP×Dum98 | −0.289 (0.308) | −0.259 (0.300) |
| 500yrFP×Dum99 | 0.0101 (0.324) | −0.00618 (0.316) |
| 500yrFP×Dum00 | 0.148 (0.298) | 0.182 (0.290) |
| 500yrFP×Dum01 | 0.360 (0.302) | 0.402 (0.296) |
| 500yrFP×Dum02 | −0.0391 (0.287) | 0.00281 (0.283) |
| 500yrFP×Dum03 | 0.368 (0.318) | 0.392 (0.309) |
| 500yrFP×Dum04 | −0.0232 (0.305) | 0.0634 (0.298) |
| Lambda | 0.00200***(0.000739) | 0.0287***(0.00795) |
| Rho | 0.113***(0.00774) | 1.559***(0.0751) |
| Structural Attributes | Yes | Yes |
| Location Attributes | Yes | Yes |
| Year Fixed Effects | Yes | Yes |
| Observations | 8,042 | 8,042 |