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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...
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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...
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Through a hedonic approach the authors focus primarily on how house prices vary systematically with respect to some general spatial structure characteristics in a Norwegian region. The introduction of a gravity-based labor-market accessibility measure contributes significantly to explain...
Persistent link: https://www.econbiz.de/10005164130
It has been argued that gravity models are the most popular mathematical description of human interaction (Sheppard, 1984). In relation to housing prices, gravity based accessibility measures have been suggested as a generalization of modern polycentric labour market structures (Heikkila et al....
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This paper attempts to address three questions: (1) How unequal is access to employment and the wellbeing associated with it? (2) What is the money value consumers place on access to employment? and (3) How does the inequality of access to employment correspond to the geographical pattern of...
Persistent link: https://www.econbiz.de/10011157102