Spatial Dependence and House Price Index Construction

Journal of Real Estate Finance and Economics

Volumn 14, Issue 1-2, 1997, Pages 203-222

  se Can, Ay ^a   Megbolugbe, Isaac ^a  

^a FANNIE MAE   (United States)

Author keywords

GIS; Hedonic house price model; House price index; Locational effects; Spatial dependence

Indexed keywords

EID: 0031509789     PISSN: 08955638     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1007744706720     Document Type: Article

References (16)

1. Anselin, L. Spatial Econometrics: Methods and Models. Dordrecht: Kluwer Academic, 1988.
2. Anselin, L., A. Bera, R. Florax, and M. Yoon. "Simple Diagnostic Tests for Spatial Dependence." West Virginia University, Regional Research Institute, Research Paper 9503.
3. Bajic, V. "Housing-market Segmentation and Demand for Housing Attributes: Some Empirical Findings," AREUEA Journal 13(1) (1985), 58-71.
4. Can, A. "The Measurement of Neighborhood Dynamics in Urban House Prices," Economic Geography 66(3) (1990), 254-272.
5. Can, A. "Specification and Estimation of Hedonic Housing Price Models" Regional Science and Urban Economics 22 (1992), 453-474.
6. Casetti, E. "The Dual Expansions Method: An Application to Evaluating the Effects of Population Growth on Development" IEEE Transactions on Systems, Man, Cybernetics 16 (1986), 29-39.
7. Casetti, E. "Generating Models by the Expansion Method: Applications to Geographical Research," Geographical Analysis 4 (1972), 81-91.
8. Cliff, A., and J. Ord. Spatial Autocorrelation. London: Pion, 1973.
9. Dubin, R. "Estimation of Regression Coefficients in the Presence of Spatially Autocorrelated Error Terms," Review of Economics and Statistics 70 (1988), 466-474.
10. Dubin, R. "Spatial Autocorrelation and Neighborhood Quality" Regional Science and Urban Economics 22 (1992), 433-452.
11. Gatzlaff, D.H., and D.C. Ling. "Measuring Changes in Local House Prices: An Empirical Investigation of Alternative Methodologies" Journal of Urban Economics 35 (1994), 221-244.
12. Goodman, A.C., and T.G. Thibodeau. "Age-related heteroskedasticity in Hedonic House Price Equations," Journal of Housing Research 6 (1995), 25-42.
13. Linneman, P. "An Empirical Test of the Efficiency of the Housing Market," Journal of Urban Economics 20 (1986), 140-154.
14. Michaels, R.G., and V.K. Smith. "Market segmentation and Valuing Amenities with Hedonic Price Models: The case of Hazardous Waste Sites, Journal of Urban Economics 28 (1990), 223-242.
15. Schnare, A.B., and R.J. Struyk. "Segmentation in Urban Housing Markets," Journal of Urban Economics 3 (1976), 146-166.
16. U.S. Census. "Census of Population and Housing, 1990: Summary Tape File 3 Technical Documentation." Washington, DC: U.S. Census Bureau, 1990.