Valuation of environmental impacts of the Rural Development Program - A hedonic model with application of GIS [PDF]
The payments within the Rural Development Programme 2007- 2013 seek to improve the environment and contribute to rural development and economic growth. These policy measures may therefore have visual effects on the rural landscape.
Liljenstolpe, Carolina
core
Is the rent too high? Land ownership and monopoly power
Abstract Pricing power in real estate markets can reduce housing supply and redevelopment relative to the social optimum. We show how pricing power interacts with popular redevelopment subsidies and zoning regulations. Using building‐level rental income data from NYC, we find that increased concentration is correlated with increased rents.
C. Luke Watson, Oren Ziv
wiley +1 more source
Valuing House and Landscape Attributes: Application of the Hedonic Pricing Technique [PDF]
Hedonic pricing is used to determine the effect of a landscape element such as the lawn area on the home selling price of single-family homes in Athens, Georgia.
Florkowski, Wojciech J. +1 more
core
Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach [PDF]
We study the identification and estimation of Gorman-Lancaster style hedonic models of demand for differentiated products for the case when one product characteristic is not observed.
C. Lanier Benkard, Patrick Bajari
core +2 more sources
Home foreclosure discounts in auctions without reserve prices
Abstract This article estimates foreclosure discounts in Cape Town, South Africa, where, until 2019, foreclosure auctions occurred without reserve prices. Using newly constructed data linking sheriff auction notices to the universe of property transactions, rich property characteristics, and municipal service‐request records, I document large ...
Allan Davids
wiley +1 more source
NEIGHBORHOOD EFFECTS IN SPATIAL HOUSING VALUE MODELS. THE CASE OF THE METROPOLITAN AREA OF PARIS (1999) [PDF]
In hedonic housing models, the spatial dimension of housing values are traditionally processed by the impact of neighborhood variables and accessibility variables.
Diego Legros, Catherine Baumont
core +2 more sources
Hedonic Prices for Co-operative Flats in the City of Umeå estimated with Spatial Autoregressive GMM [PDF]
This paper explains the hedonic prices for co-operative flats in the city of Umeå, Sweden during 1998 and 1999. Structural and neighbourhood characteristics together with accessibility measures are used as attributes in the hedonic price function.
Jörgen Johansson, Krister Sandberg
core
Graph‐Laplacian modeling of spatiotemporal effects for house price estimation
Abstract Many variables involve the modeling of spatial effects, and their dynamics over time. This article presents a linear model in which spatiotemporal random effects are modeled by graph‐Laplacians. A graph‐Laplacian flexibly encodes adjacency in both space and time, in our case not depending on unknown parameters. The graph‐Laplacian can be input
Willem P Sijp, Marc K. Francke
wiley +1 more source
Using ArcGIS software to conduct spatial autocorrelation analysis, it was found that the price distribution of rural homestays in Suzhou is not random but shows apparent spatial clustering. Among the 81 rural homestays were 9 high-high clusters, 25 low-low clusters, 1 high-low outlier, and 5 low-high outliers.
Yang, Sheng, Wang, Lei, Bi, Yu
openaire +2 more sources
Estimating Hedonic Prices for Stellenbosch wine [PDF]
This paper estimates a hedonic price function for Stellenbosch wines to determine the association between market value and different characteristics of these wines.
Sanja Lutzeyer
core

