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Hybrid Real Estate Valuation Models with Neighborhood Effects: Marrying Geographic Information Systems and Nonlinear Econometrics

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  • Stephen Meyer
  • Roger A. McCain
  • Paul Jensen

Abstract

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Suggested Citation

  • Stephen Meyer & Roger A. McCain & Paul Jensen, 2003. "Hybrid Real Estate Valuation Models with Neighborhood Effects: Marrying Geographic Information Systems and Nonlinear Econometrics," Computing in Economics and Finance 2003 17, Society for Computational Economics.
    • Handle: RePEc:sce:scecf3:17
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    File URL: http://william-king.www.drexel.edu/top/eco/ecoGIS.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Clapp, John M & Rodriguez, Mauricio, 1999. "Erratum: Spatiotemporal Autoregressive Models of Neighborhood Effects," The Journal of Real Estate Finance and Economics, Springer, vol. 19(1), pages 1-85, July.
    3. Helen F. Ladd, 1998. "local government tax and land use policies in the united states," Books, Edward Elgar Publishing, number 1332.
    4. Christian Janssen & Bo Söderberg, 1999. "Estimating Market Prices and Assessed Values for Income Properties," Urban Studies, Urban Studies Journal Limited, vol. 36(2), pages 359-376, February.
    5. Bo Söderberg & Christian Janssen, 2001. "Estimating Distance Gradients for Apartment Properties," Urban Studies, Urban Studies Journal Limited, vol. 38(1), pages 61-79, January.
    6. Richard Harris & Michael Lehman, 2001. "Social and Geographic Inequities in the Residential Property Tax: A Review and Case Study," Environment and Planning A, , vol. 33(5), pages 881-900, May.
    7. Aaronson, Daniel, 2001. "Neighborhood Dynamics," Journal of Urban Economics, Elsevier, vol. 49(1), pages 1-31, January.
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    More about this item

    Keywords

    Geographic information systems; nonlinear least squares; real estate;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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