LABOR ECONOMICS LOOSELEAF 8/E
8th Edition
ISBN: 9781264010516
Author: BORJAS
Publisher: MCG
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Chapter 4, Problem 8RQ
To determine
The immigration surplus.
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Location should be in GWAGWALADA Abuja Nigeria
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Using data from 1988 for houses sold in Andover, Massachusetts, from Kiel and McClain
(1995), the following equation relates housing price (price) to the distance from a recently
built garbage incinerator (dist):
=
log(price) 9.40 + 0.312 log(dist)
n = 135, R2 = 0.162.
Interpretation of the slope coefficient?
► How would our interpretation of the slope coefficient change if
distance were measured in metres instead of kilometres?
Chapter 4 Solutions
LABOR ECONOMICS LOOSELEAF 8/E
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