A Spatial Analysis of Housing Growth
This study accounts for spatial spillover and spatial heterogeneity to estimate housing growth between 1990 and 2000 using Tennessee census-block group data. A deterministic estimation method, inverse distance weighted averaging is used to create neighborhood variables that can capture more accurate measurement of spatial spillover while reducing multicollinearity. The block-group specific local effects on housing growth are computed using locally weighted regression, and they are mapped using a geographical information system.
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"Urban Decline and Durable Housing,"
Zell/Lurie Center Working Papers
382, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
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- Dwight M. Jaffee & Kenneth T. Rosen, 1979. "Mortgage Credit Availability and Residential Construction," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(2), pages 333-386.
- Rodney Thom, 1985. "The relationship between housing starts and mortgage availability," Open Access publications 10197/726, School of Economics, University College Dublin.
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