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Empirical spatial econometric modelling of small scale neighbourhood

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  • Linda Gerkman

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  • Linda Gerkman, 2012. "Empirical spatial econometric modelling of small scale neighbourhood," Journal of Geographical Systems, Springer, vol. 14(3), pages 283-298, July.
    • Handle: RePEc:kap:jgeosy:v:14:y:2012:i:3:p:283-298
    DOI: 10.1007/s10109-011-0147-7
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    1. Dubin, Robin A, 1988. "Estimation of Regression Coefficients in the Presence of Spatially Autocorrelated Error Terms," The Review of Economics and Statistics, MIT Press, vol. 70(3), pages 466-474, August.
    2. Kelley Pace, R. & LeSage, James P., 2008. "A spatial Hausman test," Economics Letters, Elsevier, vol. 101(3), pages 282-284, December.
    3. Pace, R Kelley & Gilley, Otis W, 1997. "Using the Spatial Configuration of the Data to Improve Estimation," The Journal of Real Estate Finance and Economics, Springer, vol. 14(3), pages 333-340, May.
    4. Geoffrey K. Turnbull & Jonathan Dombrow & C.F. Sirmans, 2006. "Big House, Little House: Relative Size and Value," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 34(3), pages 439-456, September.
    5. 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..
    6. Laakso, Seppo, . "Urban Housing Prices and the Demand for Housing Characteristics. A Study on Housing Prices and the Willingness to pay for Housing Characteristics and Local Public Goods in the Helsinki Metropolitan Ar," ETLA A, The Research Institute of the Finnish Economy, number 27, June.
    7. Tammy Leonard & James Murdoch, 2009. "The neighborhood effects of foreclosure," Journal of Geographical Systems, Springer, vol. 11(4), pages 317-332, December.
    8. R. Kelley Pace & James P. LeSage, 2004. "Spatial Statistics and Real Estate," The Journal of Real Estate Finance and Economics, Springer, vol. 29(2), pages 147-148, September.
    9. Berg, Lennart, 2001. "Prices and Constant Quality Price Indexes for Multi-Dwelling and Commercial Buildings in Sweden," Working Paper Series 2002:2, Uppsala University, Department of Economics.
    10. Bradford Case & John Clapp & Robin Dubin & Mauricio Rodriguez, 2004. "Modeling Spatial and Temporal House Price Patterns: A Comparison of Four Models," The Journal of Real Estate Finance and Economics, Springer, vol. 29(2), pages 167-191, September.
    11. Tony Smith & Peggy Wu, 2009. "A spatio-temporal model of housing prices based on individual sales transactions over time," Journal of Geographical Systems, Springer, vol. 11(4), pages 333-355, December.
    12. Morito Tsutsumi & Hajime Seya, 2009. "Hedonic approaches based on spatial econometrics and spatial statistics: application to evaluation of project benefits," Journal of Geographical Systems, Springer, vol. 11(4), pages 357-380, December.
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    Cited by:

    1. Shanaka Herath & Johanna Choumert & Gunther Maier, 2015. "The value of the greenbelt in Vienna: a spatial hedonic analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(2), pages 349-374, March.
    2. Seya, Hajime & Yamagata, Yoshiki & Tsutsumi, Morito, 2013. "Automatic selection of a spatial weight matrix in spatial econometrics: Application to a spatial hedonic approach," Regional Science and Urban Economics, Elsevier, vol. 43(3), pages 429-444.
    3. Votsis, Athanasios, 2014. "Ecosystems and the spatial morphology of urban residential property value: a multi-scale examination in Finland," MPRA Paper 53742, University Library of Munich, Germany.
    4. Andres Jauregui & Kirk C. Heriot & David T. Mitchell, 2021. "Corruption and formal-sector entrepreneurship in a middle-income country: spatial analysis of firm births in the Mexican states," Small Business Economics, Springer, vol. 57(4), pages 1957-1972, December.
    5. Votsis, Athanasios, 2017. "Planning for green infrastructure: The spatial effects of parks, forests, and fields on Helsinki's apartment prices," Ecological Economics, Elsevier, vol. 132(C), pages 279-289.
    6. Ryan R. Brady, 2021. "Direct Forecasting for Applied Regional Analysis," Departmental Working Papers 67, United States Naval Academy Department of Economics.
    7. Dai, Jiawu & Feng, Yuchen & Wang, Yan & Wang, Xiuqing, 2022. "Agricultural support and spatial price transmission: evidence from China’s maize sector," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 26(2), November.

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    More about this item

    Keywords

    Impact estimates; House prices; Omitted variables; Small scale neighbourhood; Spatial Durbin model; C01; C21; R30;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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