A new approach to the estimation of structural equations in hedonic models
Abstract
This paper clarifies the source of a difficulty in estimating structural equations in hedonic models and then develops an estimation method which avoids this difficulty. Both Quigley's and our method are applied to Japanese housing data and the estimates compared.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Journal of Urban Economics.
Volume (Year): 19 (1986)
Issue (Month): 2 (March)
Pages: 218-233
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622905
Related research
Keywords:Other versions of this item:
- Yoshitsugu Kanemoto, 1985. "A New Approach to the Estimation of Structural Equations in Hedonic Models," Working Papers 595, Queen's University, Department of Economics.
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- L68 - Industrial Organization - - Industry Studies: Manufacturing - - - Appliances; Other Consumer Durables
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Nakagawa, Masayuki & Saito, Makoto & Yamaga, Hisaki, 2007. "Earthquake risk and housing rents: Evidence from the Tokyo Metropolitan Area," Regional Science and Urban Economics, Elsevier, vol. 37(1), pages 87-99, January.
- Hans R. Isakson, 1997. "An Empirical Analysis of the Determinants of the Value of Vacant Land," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 103-114.
- Yoshitsugu Kanemoto, 1985.
"Hedonic Prices and the Benefits of Public Projects,"
Working Papers
617, Queen's University, Department of Economics.
- Kanemoto, Yoshitsugu, 1988. "Hedonic Prices and the Benefits of Public Projects," Econometrica, Econometric Society, vol. 56(4), pages 981-89, July.
- Cristián Mardones, 2006. "Impacto de la Percepción de la Calidad del Aire sobre el Precio de las Viviendas en Concepción-Talcahuano, Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 43(128), pages 301-330.
- Morisugi, Hisa & Ohno, Eiji, 1995. "Proposal of a benefit incidence matrix for urban development projects," Regional Science and Urban Economics, Elsevier, vol. 25(4), pages 461-481, August.
- Pablo Brañas-Garza & Javier Rodero Cosano & John R. Presley, 2002.
"The North-South divide and house price islands: the case of Córdoba (Spain),"
European Journal of Housing Policy,
Taylor and Francis Journals, vol. 2(1), pages 45-63, April.
- Pablo Branas-Garza & Javier Rodero Cosano & John Presley, 2001. "The North-South divide and house price islands: the case of COrdoba (Spain)," International Journal of Housing Policy, Taylor and Francis Journals, vol. 2(1), pages 45-63.
- Palmquist, Raymond B., 2006. "Property Value Models," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 16, pages 763-819 Elsevier.
- Selden, Thomas M. & Wasylenko, Michael J., 1992. "Benefit incidence analysis in developing countries," Policy Research Working Paper Series 1015, The World Bank.
- Eric Skhiri & Olivier Marchand, 1995. "Prix hédoniques et estimation d'un modèle structurel d'offre et de demande de caractéristiques," Économie et Prévision, Programme National Persée, vol. 121(5), pages 127-138.
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