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The City of Chicago and the inner suburbs grew much more slowly than the outer suburbs in recent decades. In the central county of the metropolitan area, commercial and industrial property is "classified," in that it is assessed at a higher ratio of market value than residential property....
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Using nonparametric descriptive tools developed by Duranton and Overman (2005, "Review of Economic Studies", 72, 1077-1106), we show that both new and old auto supplier plants are highly concentrated in the eastern United States. Conditional logit models imply that much of this concentration can...
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Misspecified functional forms tend to produce biased estimates and spatially correlated errors. Imposing less structure than standard spatial lag models while being more amenable to large datasets, nonparametric and semiparametric methods offer significant advantages for spatial modeling. Fixed...
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In contrast to the rigid structure of standard parametric hedonic analysis, nonparametric estimators control for misspecified spatial effects while using highly flexible functional forms. Despite these advantages, nonparametric procedures are still not used extensively for spatial data analysis...
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