Effects on housing prices of urban attraction and labor market accessibility
Through a hedonic approach this study primarily focuses on how house prices vary systematically with respect to some general spatial structure characteristics in a Norwegian region. The introduction of a gravity based labor market accessibility measure contributes significantly to explain variation in housing prices, also in a model formulation where the distance from the city center is accounted for. Based on these results we suggest a distinction between an urban attraction effect and a labor market accessibility effect. Quantitatively, the two distinct effects are found to contribute about equally to intraregional variation in housing prices.
|Date of creation:||16 Dec 2005|
|Date of revision:|
|Contact details of provider:|| Postal: Institutt for økonomi, Universitetet i Bergen, Postboks 7802, 5020 Bergen, Norway|
Web page: http://www.uib.no/econ/en
More information through EDIRC
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.:
- Giuliano, Genevieve & Small, Kenneth A., 1991.
"Subcenters in the Los Angeles region,"
Regional Science and Urban Economics,
Elsevier, vol. 21(2), pages 163-182, July.
- Giuliano, Genevieve & Small, Kenneth A., 1991. "Subcenters in the Los Angeles Region," University of California Transportation Center, Working Papers qt6ts0t95w, University of California Transportation Center.
- Giuliano, Genevieve & Small, Kenneth A., 1991. "Subcenters in the Los Angeles Region," University of California Transportation Center, Working Papers qt7xv976dj, University of California Transportation Center.
When requesting a correction, please mention this item's handle: RePEc:hhs:bergec:2005_017. 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: (Kjell Erik Lommerud)
If references are entirely missing, you can add them using this form.