DBHT

AcronymDefinition
DBHTDu Bonheur pour Tous (French: Fun for All)
DBHTDouglas Bay Horse Tramway (Isle of Man)
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References in periodicals archive ?
DBHT is negative, indicating that lots farther from the beach decrease in value, other factors being constant.
Therefore, ([e.sup.0.9026]-1) = 1.466, ([e.sup.0.7639]-1) = 1.147, and ([e.sup.0.3324]-1) = 0.3943.(10) TABLE 2 Estimates of Hedonic Model for Vacant Lots on Seabrook Island, South Carolina Variable Coefficient T-ratio ONE 11.3188 18.47 SQFT 0.2532 4.52 LT -0.0522(*) -1.79 DBHT -0.3771 -20.10 WBHT 0.3500 12.58 GOLF 0.3324 5.53 CRK 0.7639 14.52 OCNV 0.9026 5.73 LAK 0.0919(**) 1.32 Y90 -0.0644(**) -0.59 Y91 -0.0746(**) -0.75 Y92 -0.0747(**) -0.86 Y93 -0.3539 -4.26 Y94 -0.3408 -3.93 Notes: Dependent variable = natural logarithm of deflated selling price.
TABLE 1 Variable Descriptions and Descriptive Statistics Variable Standard Definition Symbol Mean Deviation Selling price of house SP 93,677 52,377 Age of house (years) AGE 13.37 10.08 House space (square feet) SQFT 1989.30 840.35 Number of bathrooms BTH 2.02 .83 Dummy variable (1 = fireplace) FP .19 .39 Distance to nearest beach DBCH 1,785.60 1,217.10 Width of high-tide beach (feet) WBHT 89.40 23.21 Width of high-tide beach x distance to nearest beach DBHT 168,650 127,710 Distance to center of Myrtle Beach (miles) DMB 9.99 1.97 Dummy variable (1 = located on oceanfront) OCNF .09 .28 Dummy variable (1 = view of ocean) OCNV .20 .39 Dummy variable (1 = view of inlet) VIN .12 .33 Year of sale 1 (Jan.
The distance a property is from the beach (DBCH) has been shown to be inversely related to housing prices, thus providing a basis for measuring the recreational value of the beach.(5) To account for the recreational benefit from wider beaches, an interaction variable (DBHT) was created by multiplying DBCH by WBHT.