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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- Matiur Rahman & Muhammad Mustafa, 1997. "Growths in US housing starts, real consumer debt, real GDP and the long-term real interest rate: a vector cointegration analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 4(12), pages 757-759.
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- Blackley, Dixie M, 1999. "The Long-Run Elasticity of New Housing Supply in the United States: Empirical Evidence for 1950 to 1994," The Journal of Real Estate Finance and Economics, Springer, vol. 18(1), pages 25-42, January.
- Thom, Rodney, 1985. "The Relationship between Housing Starts and Mortgage Availability," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 693-696, November.
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- Geoghegan, Jacqueline & Wainger, Lisa A. & Bockstael, Nancy E., 1997. "Spatial landscape indices in a hedonic framework: an ecological economics analysis using GIS," Ecological Economics, Elsevier, vol. 23(3), pages 251-264, December.
- Fu, Yuming & Somerville, C. Tsuriel, 2001. "Site Density Restrictions: Measurement and Empirical Analysis," Journal of Urban Economics, Elsevier, vol. 49(2), pages 404-423, March.
- Harry McGinnis, 1994. "Determining the Impact of Economic Factors on Local Government Growth Policy: Using Time-series Analysis and Transfer Function Models," Urban Studies, Urban Studies Journal Limited, vol. 31(2), pages 233-246, March.
- Richard Meese & Nancy Wallace, 1991. "Nonparametric Estimation of Dynamic Hedonic Price Models and the Construction of Residential Housing Price Indices," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(3), pages 308-332.
- LeSage, James P., 1997. "Regression Analysis of Spatial Data," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 27(2).
- Yee Leung & Chang-Lin Mei & Wen-Xiu Zhang, 2000. "Testing for spatial autocorrelation among the residuals of the geographically weighted regression," Environment and Planning A, Pion Ltd, London, vol. 32(5), pages 871-890, May.
- Rodney Thom, 1985. "The relationship between housing starts and mortgage availability," Open Access publications 10197/726, School of Economics, University College Dublin.
- McDonald, John F. & McMillen, Daniel P., 2000. "Residential Building Permits in Urban Counties: 1990-1997," Journal of Housing Economics, Elsevier, vol. 9(3), pages 175-186, September.
- Allen C. Goodman, 1977. "A Comparison of Block Group and Census Tract Data in a Hedonic Housing Price Model," Land Economics, University of Wisconsin Press, vol. 53(4), pages 483-487. Full references (including those not matched with items on IDEAS)
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