Results 81 to 90 of about 11,237 (225)
Journal of Agricultural and Resource Economics, 2008 While data used in hedonic property models are inherently spatial in nature, to date the majority of past regression analyses have used OLS models that overlook possible spatial dependence in the data when estimating implicit prices for environmental hazards. This paper explicitly addresses spatial dependence in a hedonic property model.
Mueller, Julie M. +3 more
openaire +3 more sources
Exploring the land market in the province of Noord-Holland using a spatial explanatory regression model [PDF]
This paper focuses on rural land prices. Different actors and factors influence land prices. Buurman (2003) has analysed, categorised, and used them to explain spatial differences in transaction prices of parcels using a GIS-based linear regression model.
Adri Vanden Brink +3 more
core
Hurricane‐induced risk contagion in commercial real estate: Evidence from Hurricane Sandy
Real Estate Economics, EarlyView.Abstract This study examines how hurricane‐induced destruction affects the prices of nearby undamaged commercial real estate properties, using Hurricane Sandy as a natural experiment. Using Real Capital Analytics transaction records spatially merged with Federal Emergency Management Agency building‐level damage data, we empirically employ a difference ...
Lu Fang +3 more
wiley +1 more source
The impact of social housing developments on nearby property prices: A Nelson Mandela Bay Case Study [PDF]
Social housing projects often face substantial “Not-in-my-backyard†(NIMBY) sentiment and as a result are frequently plagued by local opposition from communities who argue that nearby property prices will be affected adversely by these developments ...
M. Du Preez, M.C. Sale
core +1 more source
The Economics of Water Resource Allocation: Valuation Methods and Policy Implications [PDF]
, 2011 In this chapter a ‘watershed economics approach’ that could be applied in Cyprus is proposed which is composed of two important stages. In Stage I economic valuation techniques are used to establish the economic value of the competing demands for surface
Groom, Ben, Koundouri, Phoebe
core +1 more source
How much are you willing to pay to avoid lockdowns? Evidence from the real estate market
Real Estate Economics, EarlyView.Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley +1 more source
Using Frontier Models to Mitigate Omitted Variable Bias in Hedonic Pricing Models: A Case Study for Air Quality in Bogotá, Colombia [PDF]
Hedonic pricing models use property value differentials to value changes in environmental quality. If unmeasured quality attributes of residential properties are correlated with an environmental quality measure of interest, conventional methods for ...
Fernando Carriazo +2 more
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Structural change in the US office market after 2019: Evidence from lease‐level data
Real Estate Economics, EarlyView.Abstract This article examines how the leasing activities, contract features, and pricing of the Class A office leasing market have evolved since 2019 across five major US markets: Los Angeles, the Bay Area, Dallas, Washington, DC, and New York City. Using a granular dataset of 73,508 office leases from 2010 to 2024, we find a broad‐based contraction ...
Liang Peng, Xue Xiao
wiley +1 more source
Economic Impacts of Wetland Amenities A Spatial Econometric Analysis of the Housing Market [PDF]
Wetlands in the Netherlands are subject to pressures from various economic activities. Especially in the Randstad region there is a strong competition for land among residential industrial, natural and agricultural land use.
René Van der Kruk
core
Real Estate Economics, EarlyView.Abstract We estimate the price impact of very nearby concurrently listed properties in the Sydney housing market and assess their competition effects. We apply a hedonic model with spatiotemporal effects regularized via a graph Laplacian prior at the month‐by‐SA2 regional level to seven SA4 subregions of metropolitan Sydney. The model structure enables
Willem P. Sijp, Mengheng Li
wiley +1 more source