Data/hora: 12/06/2024 15:33:22

Provedor de dados: | 31
País: | United States
Título: | Measuring the Contribution of Water and Green Space Amenities to Housing Values: An Application and Comparison of Spatially Weighted Hedonic Models
Autores: | Cho,   Seong-Hoon; Bowker,   James Michael; Park,   William M.
Data: | 2007-09-17
Ano: | 2006
Palavras-chave: | Hedonic model; Locally weighted regression; Park; Spatial; Water bodies; Resource /Energy Economics and Policy.
Resumo: | This study estimates the influence of proximity to water bodies and park amenities on residential housing values in Knox County, Tennessee, using the hedonic price approach. Values for proximity to water bodies and parks are first estimated globally with a standard ordinary least squares (OLS) model. A locally weighted regression model is then employed to investigate spatial nonstationarity and generate local estimates for individual sources of each amenity. The local model reveals some important local differences in the effects of proximity to water bodies and parks on housing price.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

28026

http://purl.umn.edu/8630

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 31, Number 03, December 2006

Formato:

23

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