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Table 8 Dynamic Spatial Durbin Models – effects computation

From: Spatio-temporal diffusion of residential land prices across Taipei regions

 

All Taipei (41 areas)

Core Taipei City

Taipei city including Satellite City

East and West Peripheral regions

Direct effect:

Per capita income

0.155***

0.267**

0.027

0.213**

(2.872)

(2.233)

(0.292)

(2.579)

Indirect effect:

Per Capita Income

0.166

-0.219

-0.315

0.086

(1.516)

(-0.91)

(-1.608)

(0.671)

Total effect:

Per Capita Income

0.321***

0.048

-0.288

0.299**

(2.986)

(0.208)

(-1.296)

(2.48)

Direct effect: Population Density

0.088*

0.077

0.067

0.053

(1.766)

(0.901)

(0.87)

(0.615)

Indirect effect: Population Density

-0.116

0.008

-0.246

-0.055

(-1.289)

(0.056)

(-1.379)

(-0.422)

Total effect: Population Density

-0.028

0.085

-0.179

-0.002

(-0.351)

(0.945)

(-1.252)

(-0.014)

  1. Note: All variables are specified in log. t statistic is reported within the parentheses. ‘***’, ‘**’, and ‘*’ denote 1 percent, 5 percent and 10 percent significance levels. These effects correspond to the parameter estimates in Table 7, columns 2, 3, 4 and 5.