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Spatial analysis of residential land prices in Belgium: accessibility, linguistic border, and environmental amenities

Author

Listed:
  • GOFETTE-NAGOT, Florence
  • REGINSTER, Isabelle
  • THOMAS, Isabelle

Abstract

Goffette-Nagot F., Reginster I. and Thomas I. Spatial analysis of residential land prices in Belgium: accessibility, linguistic border, and environmental amenities, Regional Studies . This paper explores the spatial variation of land prices in Belgium. The originality of the methodology is threefold: to work at the spatial extent of an entire country; to compute accessibility measures to all jobs and several representations of the environmental amenities; and, more importantly, to test the hypothesis that jobs influence land prices only in the same linguistic region. Spatial autocorrelation is accounted for. The results show that the linguistic border acts as a strong barrier in the spatial pattern of land prices and that environmental variables have no significant effect at this spatial scale. Goffette-Nagot F., Reginster I. et Thomas I. Analyse spatiale des prix des terrains à usage résidentiel en Belgique: accessibilité, frontière linguistique et aménités environnementales, Regional Studies . Cet article analyse la variabilité spatiale des prix fonciers en Belgique. L'originalité de la méthodologie est: de travailler à l’échelle d'un pays entier; de calculer des mesures d'accessibilité à tous les emplois et plusieurs représentations des variables d'environnement; et surtout de tester l'hypothèse que seuls les emplois de la même région linguistique influencent les prix fonciers. Les modèles estimés tiennent compte de l'autocorrélation spatiale. Les résultats montrent que la frontière linguistique agit comme une barrière forte dans la distribution spatiale des prix fonciers et que les variables environnementales n'ont pas d'effet significatif à cette échelle spatiale. Prix foncier Accessibilité Effet frontalier Environnement Belgique Goffette-Nagot F., Reginster I. und Thomas I. Raumanalyse der Wohngrundstückspreise in Belgien: Verfügbarkeit, Sprachgrenze und Umweltattraktionen, Regional Studies . In diesem Beitrag werden die räumlichen Schwankungen bei den Grunds
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Suggested Citation

  • GOFETTE-NAGOT, Florence & REGINSTER, Isabelle & THOMAS, Isabelle, 2011. "Spatial analysis of residential land prices in Belgium: accessibility, linguistic border, and environmental amenities," CORE Discussion Papers RP 2448, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvrp:2448
    Note: In : Regional Studies, 45(9), 1253-1268, 2011
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    File URL: http://dx.doi.org/10.1080/00343404.2010.484417
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    Cited by:

    1. Nathalie Picard & Constantinos Antoniou, 2011. "Econometric guidance for developing UrbanSim models. First lessons from the SustainCity project," ERSA conference papers ersa11p1494, European Regional Science Association.
    2. Bala, Alain Pholo & Peeters, Dominique & Thomas, Isabelle, 2014. "Spatial issues on a hedonic estimation of rents in Brussels," Journal of Housing Economics, Elsevier, vol. 25(C), pages 104-123.
    3. Nathalie Picard & Constantinos Antoniou, 2014. "Econometric Methods For Land Use Microsimulation," Working Papers hal-01092031, HAL.
    4. Jean Cavailhés & Isabelle Thomas, 2011. "The influence of urban sprawl on farmland prices in Belgium (refereed paper)," ERSA conference papers ersa10p1628, European Regional Science Association.

    More about this item

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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