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Semiparametric Estimates of the Marginal Price of Floorspace

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Author Info
Coulson, N Edward

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Abstract

Smoothing splines are used to generate a nonparametric response of housing price to floorspace size. A rising marginal price is estimated. Comparison to common parametric forms indicates that the semilog is reasonably close to the nonparametric form. Copyright 1992 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Real Estate Finance & Economics.

Volume (Year): 5 (1992)
Issue (Month): 1 (March)
Pages: 73-83
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Handle: RePEc:kap:jrefec:v:5:y:1992:i:1:p:73-83

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Web page: http://www.springerlink.com/link.asp?id=102945

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  1. Shahidur Rahman, 2005. "An Alternative Estimation to Spurious Regression Model," Economic Growth centre Working Paper Series 0507, Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre. [Downloadable!]
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This page was last updated on 2009-12-4.

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