We compare two estimates of benefits arising from the construction of new bridges in south-west Norway. One estimate comes from a hedonic property value model. Rather than follow an approach which is strictly theoretically correct, we adopt Rosen’s simple first-stage approach. To investigate...

M<sc>c</sc>A<sc>rthur</sc> D. P., O<sc>sland</sc> L. and T<sc>horsen</sc> I. Spatial transferability of hedonic house price functions, <italic>Regional Studies</italic>. The aim of this paper is to investigate whether it is possible to use parameter estimates from a hedonic function estimated in one region to make reliable predictions in another...

This paper takes as a starting-point a model where spatial variation in housing prices is explained by urban attraction and labour market accessibility effects. Using data from a region in south-west Norway, estimation results are found to be encumbered, however, with significant spatial...