Research Article
Is the Real Estate Market of New Housing Stock Influenced by Urban Vibrancy?
Table 7
SER model to assess the relationship between the CDS and different typologies of the retail activities (source: authors’ elaboration).
| | Variable | Construction site density (CS) | | Spatial error model (SEM) | | Coefficients | Probability |
| | C_RST_SKM | 0.074672 | 0.000 | | | C_FOD_SKM | −0.06815 | 0.006 | | | C_BET_SKM | 0.046344 | 0.068 | . | | C_MIX_SKM | −0.00027 | 0.984 | | | C_CLT_SKM | −0.02253 | 0.17 | | | C_FRE_SKM | 0.065593 | 0.143 | | | C_JWL_SKM | −0.00131 | 0.973 | | | C_HOM_SKM | 0.188209 | 0.000 | | | C_HEL_SKM | −0.26819 | 0.024 | | | C_SUP_SKM | −0.2013 | 0.2 | | | Constant | 0.352554 | 0.521 | | | Lambda | 0.296687 | 0.044 | | | Number of observations | 94 | | | | Log likelihood | −224.531 | | | | AIC | 471.063 | | | | R square (adjusted) | 0.782 | | | | Breush–pagan test | 28.5440 | 0.00148 | | | Likelihood ratio test | 2.5380 | 0.11114 | |
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