Ecological factors and the price of Moscow apartments
AbstractThe hedonic models for apartment prices in Moscow are considered. Besides the usual explanatory variables the ecological factors are included into the models. The significant influence of the carbon oxide concentration on the apartment prices is revealed as well as influence of the distance from a flat to a nearest enterprise. The concentrations of the nitric oxide and nitric dioxide do not effect to apartment pricing.
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Bibliographic InfoArticle provided by Publishing House "SINERGIA PRESS" in its journal Applied Econometrics.
Volume (Year): 28 (2012)
Issue (Month): 4 ()
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Web page: http://appliedeconometrics.cemi.rssi.ru/
hedonic models; apartment pricing; ecological factors;
Find related papers by JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
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- Magnus, Jan & Peresetsky, Anatoly, 2010. "The price of Moscow apartments," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 17(1), pages 89-105.
- Катышев П.К. & Эйсмонт О.А., 2010. "Готовность Жителей Москвы Платить За Качество Окружающей Среды," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 46(2), Ð°Ð¿ÑÐµÐ.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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