Re: [R] Newey West HAC for pooled cross-section data

2013-03-28 Thread shish
Many thanks. On Wed, Mar 27, 2013 at 3:50 AM, Achim Zeileis-4 [via R] < ml-node+s789695n4662592...@n4.nabble.com> wrote: > On Tue, 26 Mar 2013, SHISHIR MATHUR wrote: > > > Thanks for the reply Achim. The reason I suspect autocorrelation is > > because I think that within the same neighborhood, h

Re: [R] Newey West HAC for pooled cross-section data

2013-03-27 Thread Achim Zeileis
On Tue, 26 Mar 2013, SHISHIR MATHUR wrote: Thanks for the reply Achim. The reason I suspect autocorrelation is because I think that  within the same neighborhood, homes sold a few months back are likely to impact the price of homes sold subsequently. This may well be spatial (auto)correlation

Re: [R] Newey West HAC for pooled cross-section data

2013-03-26 Thread SHISHIR MATHUR
Thanks for the reply Achim. The reason I suspect autocorrelation is because I think that within the same neighborhood, homes sold a few months back are likely to impact the price of homes sold subsequently. In fact the DW test and Breusch-Pagan test come out to be significant. So even though the d

Re: [R] Newey West HAC for pooled cross-section data

2013-03-26 Thread Achim Zeileis
On Tue, 26 Mar 2013, SHISHIR MATHUR wrote: Hello: My dataset set contains several thousand rows of data, with each row containing information for a house. The variables include the sale price of the house, the quarter and year of sale, the attributes of the house, and the attributes of the neigh

[R] Newey West HAC for pooled cross-section data

2013-03-26 Thread SHISHIR MATHUR
Hello: My dataset set contains several thousand rows of data, with each row containing information for a house. The variables include the sale price of the house, the quarter and year of sale, the attributes of the house, and the attributes of the neighborhood and the city in which the house is loc