Valdez Gómez de la Torre, Felipe Miguel; Chen, Xuwei - In: International Journal of Housing Markets and Analysis 17 (2024) 6, pp. 1461-1487
Purpose This paper aims to compare the efficiency of spatial and nonspatial hedonic price models in capturing housing submarkets dynamics for cities in developing countries. This study expects to contribute to a better understanding of the housing price determinants from both nonspatial and...