The Cascade GIS Diffusion Model for Measuring Housing Absorption by Small Area with a Case Study of St. Lucie County, Florida
The geographer's spatial diffusion theory is combined with Geographic Information Systems (GIS) technology to provide a new framework for predicting residential single-family development patterns. We refer to the model as a multiple-state 'Cascade' GIS diffusion model. Parameter calibration is done using two-stage least squares. The model predicts new housing built and purchased by small submarket. Our example submarket is at the census tract level; a smaller submarket could have been chosen. The contribution to housing forecasting literature is a structural model that captures the spatial diffusion process at various geographical scales. Model estimation and forecasts are facilitated using GIS technology via a high resolution and high precision database using county property tax bills.
Volume (Year): 8 (1993)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: |
Web page: http://www.aresnet.org/
|Order Information:|| Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323|
Web: http://pages.jh.edu/jrer/about/get.htm Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Beach, Charles M & MacKinnon, James G, 1978. "A Maximum Likelihood Procedure for Regression with Autocorrelated Errors," Econometrica, Econometric Society, vol. 46(1), pages 51-58, January.
When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:8:n:3:1993:p:401-420. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster)
If references are entirely missing, you can add them using this form.