Thanks for the comments on my Walk Score model! Per a few reader requests, here are the full results. I should have thought to provide them initially but didn’t realize there would be interest. Also, I don’t know a good way to put STATA or Excel charts here, so apologies for the screenshots.
Here are the results from the OLS model. The 259 datapoints represent all cities with population greater than 100,000 for which there is Walk Score data, except for two or three for which I couldn’t find the MSA data The unemployment is the 5-year January moving average at 2010.
And here are the results of the IV regression, where the instrument is the year that the city was founded. First stage:
And the second stage:
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