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This paper investigates the empirical validity of the setup of a large-scale government neighbourhood investment … the causal effect of the programme on neighbourhood outcomes. However, at the discontinuity threshold we find a large gap …
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impact of neighbourhood crime on housing investment was 44 % and aggregate P-value was 0.000. Using the Hosmer and Lemeshow … indicates that the alternative hypothesis is upheld that residential neighbourhood crime is capable of impacting on residential … property value. The policy implication of this result is that no effort should be spared in combating residential neighbourhood …
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