메뉴 건너뛰기




Volumn 33, Issue 3, 2003, Pages 287-304

The return of centralization to Chicago: Using repeat sales to identify changes in house price distance gradients

Author keywords

Centralization; Fourier; House prices; Repeat sales; Semiparametric

Indexed keywords

CENTRALIZATION; HOUSING MARKET; PRICE DYNAMICS; URBAN HOUSING;

EID: 0038043328     PISSN: 01660462     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0166-0462(02)00028-5     Document Type: Article
Times cited : (103)

References (53)
  • 1
    • 84983920881 scopus 로고
    • New evidence on house prices from Fannie Mae repeat sales
    • Abraham, J.M., Schauman, W., 1991. New evidence on house prices from Fannie Mae repeat sales. AREUEA Journal 19, 333-352.
    • (1991) AREUEA Journal , vol.19 , pp. 333-352
    • Abraham, J.M.1    Schauman, W.2
  • 5
    • 84983925192 scopus 로고
    • On choosing among house price index methodologies
    • Case, B., Pollakowski, H.O., Wachter, S.M., 1991. On choosing among house price index methodologies. AREUEA Journal 19, 286-307.
    • (1991) AREUEA Journal , vol.19 , pp. 286-307
    • Case, B.1    Pollakowski, H.O.2    Wachter, S.M.3
  • 8
    • 0002905632 scopus 로고
    • Prices of single-family homes since 1970: New indexes for four cities
    • Case, K.E., Shiller, R.J., 1987. Prices of single-family homes since 1970: new indexes for four cities. New England Economic Review, 45-56.
    • (1987) New England Economic Review , pp. 45-56
    • Case, K.E.1    Shiller, R.J.2
  • 9
    • 0024569535 scopus 로고
    • The efficiency of the market for single-family homes
    • Case, K.E., Shiller, R.J., 1989. The efficiency of the market for single-family homes. American Economic Review 79, 125-137.
    • (1989) American Economic Review , vol.79 , pp. 125-137
    • Case, K.E.1    Shiller, R.J.2
  • 10
    • 0000334427 scopus 로고    scopus 로고
    • Residential hedonic models: A rational expectations approach to age effects
    • Clapp, J.M., Giaccotto, C., 1998. Residential hedonic models: a rational expectations approach to age effects. Journal of Urban Economics 44, 415-437.
    • (1998) Journal of Urban Economics , vol.44 , pp. 415-437
    • Clapp, J.M.1    Giaccotto, C.2
  • 11
    • 84984075306 scopus 로고
    • Housing price indices: Based on all transactions compared to repeat subsamples
    • Clapp, J.M., Giaccotto, C., Tirtiroglu, D., 1991. Housing price indices: based on all transactions compared to repeat subsamples. AREUEA Journal 19, 270-285.
    • (1991) AREUEA Journal , vol.19 , pp. 270-285
    • Clapp, J.M.1    Giaccotto, C.2    Tirtiroglu, D.3
  • 13
    • 0031516937 scopus 로고    scopus 로고
    • Constructing indices of the price of multifamily properties using the 1991 Residential Finance Survey
    • Follain, J.R., Calhoun, C.A., 1997, Constructing indices of the price of multifamily properties using the 1991 Residential Finance Survey. Journal of Real Estate Finance and Economics 14, 235-255.
    • (1997) Journal of Real Estate Finance and Economics , vol.14 , pp. 235-255
    • Follain, J.R.1    Calhoun, C.A.2
  • 14
    • 0001968889 scopus 로고
    • On the bias in flexible functional forms and an essentially unbiased form: The Fourier flexible form
    • Gallant, A.R., 1981. On the bias in flexible functional forms and an essentially unbiased form: the Fourier flexible form. Journal of Econometrics 15, 211-245.
    • (1981) Journal of Econometrics , vol.15 , pp. 211-245
    • Gallant, A.R.1
  • 15
    • 0345782236 scopus 로고
    • Unbiased determination of production technologies
    • Gallant, A.R., 1982. Unbiased determination of production technologies. Journal of Econometrics 20, 285-323.
    • (1982) Journal of Econometrics , vol.20 , pp. 285-323
    • Gallant, A.R.1
  • 18
    • 38249011009 scopus 로고
    • The streetcar and residential location in nineteenth century Philadelphia
    • Gin, A., Sonstelie, J., 1992. The streetcar and residential location in nineteenth century Philadelphia. Journal of Urban Economics 32, 92-107.
    • (1992) Journal of Urban Economics , vol.32 , pp. 92-107
    • Gin, A.1    Sonstelie, J.2
  • 21
    • 0027510791 scopus 로고
    • Apartment rents: Another challenge to the monocentric city model
    • Hoch, I., Waddell, P., 1993. Apartment rents: another challenge to the monocentric city model. Geographical Analysis 25, 20-34.
    • (1993) Geographical Analysis , vol.25 , pp. 20-34
    • Hoch, I.1    Waddell, P.2
  • 23
    • 0000215727 scopus 로고
    • Urban land value functions and the price elasticity of demand for housing
    • Kau, J., Sirmans, C.F., 1979. Urban land value functions and the price elasticity of demand for housing. Journal of Urban Economics 6, 112-121.
    • (1979) Journal of Urban Economics , vol.6 , pp. 112-121
    • Kau, J.1    Sirmans, C.F.2
  • 24
    • 0031478981 scopus 로고    scopus 로고
    • Evaluating the usefulness of the American Housing Survey for creating housing price indices
    • Kiel, K.A., Zabel, J.E., 1997. Evaluating the usefulness of the American Housing Survey for creating housing price indices. Journal of Real Estate Finance and Economics 14, 189-202.
    • (1997) Journal of Real Estate Finance and Economics , vol.14 , pp. 189-202
    • Kiel, K.A.1    Zabel, J.E.2
  • 25
    • 84977391671 scopus 로고
    • A varying parameters approach to constructing house price indexes
    • Knight, J.R.. Dombrow, J., Sirmans, C.F., 1995. A varying parameters approach to constructing house price indexes. Real Estate Economics 23, 187-205.
    • (1995) Real Estate Economics , vol.23 , pp. 187-205
    • Knight, J.R.1    Dombrow, J.2    Sirmans, C.F.3
  • 26
    • 0002600337 scopus 로고
    • Paradise lost and regained: Transportation innovation, income and residential location
    • LeRoy, S.F., Sonstelie, J., 1983. Paradise lost and regained: transportation innovation, income and residential location. Journal of Urban Economics 13, 67-89.
    • (1983) Journal of Urban Economics , vol.13 , pp. 67-89
    • LeRoy, S.F.1    Sonstelie, J.2
  • 27
    • 0008312924 scopus 로고
    • Estimation and recent behavior of urban population and employment density gradients
    • Macauley, M., 1985. Estimation and recent behavior of urban population and employment density gradients. Journal of Urban Economics 18, 251-260.
    • (1985) Journal of Urban Economics , vol.18 , pp. 251-260
    • Macauley, M.1
  • 28
    • 84984026463 scopus 로고
    • Alternative housing price indices: An evaluation
    • Mark, J.H., Goldberg, M.A., 1984. Alternative housing price indices: an evaluation. AREUEA Journal 12, 30-49.
    • (1984) AREUEA Journal , vol.12 , pp. 30-49
    • Mark, J.H.1    Goldberg, M.A.2
  • 30
    • 38249034551 scopus 로고
    • The identification of urban employment subcenters
    • McDonald, J.F., 1987. The identification of urban employment subcenters. Journal of Urban Economics 21, 242-258.
    • (1987) Journal of Urban Economics , vol.21 , pp. 242-258
    • McDonald, J.F.1
  • 31
    • 0024913975 scopus 로고
    • Econometric studies of urban population density: A survey
    • McDonald, J.F., 1989. Econometric studies of urban population density: a survey. Journal of Urban Economics 26, 361-385.
    • (1989) Journal of Urban Economics , vol.26 , pp. 361-385
    • McDonald, J.F.1
  • 32
    • 0008710765 scopus 로고
    • Some tests of alternative urban population density functions
    • McDonald, J.F., Bowman, H.W., 1976. Some tests of alternative urban population density functions. Journal of Urban Economics 3, 241-252.
    • (1976) Journal of Urban Economics , vol.3 , pp. 241-252
    • McDonald, J.F.1    Bowman, H.W.2
  • 34
    • 0027943009 scopus 로고
    • Suburban employment centers: The case of Chicago
    • McDonald, J.F., Prather, P.J., 1994. Suburban employment centers: the case of Chicago. Urban Studies 31, 201-218.
    • (1994) Urban Studies , vol.31 , pp. 201-218
    • McDonald, J.F.1    Prather, P.J.2
  • 35
    • 38249019188 scopus 로고
    • Consistent estimation of the urban land value function
    • McMillen, D.P., 1990. Consistent estimation of the urban land value function. Journal of Urban Economics 27, 285-293.
    • (1990) Journal of Urban Economics , vol.27 , pp. 285-293
    • McMillen, D.P.1
  • 36
    • 0030194418 scopus 로고    scopus 로고
    • One hundred and fifty years of land values in Chicago: A nonparametric approach
    • McMillen, D.P., 1996. One hundred and fifty years of land values in Chicago: a nonparametric approach. Journal of Urban Economics 40, 100-124.
    • (1996) Journal of Urban Economics , vol.40 , pp. 100-124
    • McMillen, D.P.1
  • 37
    • 0035588321 scopus 로고    scopus 로고
    • A flexible fourier approach to repeat sales price indexes
    • McMillen, D.P., Dombrow, J., 2001. A flexible Fourier approach to repeat sales price indexes. Real Estate Economics 29, 207-226.
    • (2001) Real Estate Economics , vol.29 , pp. 207-226
    • McMillen, D.P.1    Dombrow, J.2
  • 38
    • 0000026432 scopus 로고    scopus 로고
    • Suburban subcenters and employment density in metropolitan Chicago
    • McMillen, D.P., McDonald, J.F., 1998. Suburban subcenters and employment density in metropolitan Chicago. Journal of Urban Economics 43, 157-180.
    • (1998) Journal of Urban Economics , vol.43 , pp. 157-180
    • McMillen, D.P.1    McDonald, J.F.2
  • 40
    • 0001801353 scopus 로고
    • The value of urban land
    • Perloff, H. (Ed.), Resources for the Future, Washington, D.C
    • Mills, E.S., 1969. The value of urban land. In: Perloff, H. (Ed.), The Quality of the Urban Environment. Resources for the Future, Washington, D.C.
    • (1969) The Quality of the Urban Environment
    • Mills, E.S.1
  • 41
    • 0002765394 scopus 로고
    • Urban density functions
    • Mills, E.S., 1970. Urban density functions. Urban Studies 7, 5-20.
    • (1970) Urban Studies , vol.7 , pp. 5-20
    • Mills, E.S.1
  • 43
    • 0019213562 scopus 로고
    • A comparison of urban population density functions in developed and developing countries
    • Mills, E.S., Tan, J.P., 1980. A comparison of urban population density functions in developed and developing countries. Urban Studies 17, 313-321.
    • (1980) Urban Studies , vol.17 , pp. 313-321
    • Mills, E.S.1    Tan, J.P.2
  • 44
    • 0004183533 scopus 로고
    • University of Chicago Press, Chicago
    • Muth, R.F., 1969. Cities and Housing. University of Chicago Press, Chicago.
    • (1969) Cities and Housing
    • Muth, R.F.1
  • 45
    • 0037476730 scopus 로고
    • Alternative techniques for developing real estate price indexes
    • Palmquist, R.B., 1980. Alternative techniques for developing real estate price indexes. Review of Economics and Statistics 66, 394-404.
    • (1980) Review of Economics and Statistics , vol.66 , pp. 394-404
    • Palmquist, R.B.1
  • 47
    • 0002245167 scopus 로고
    • Housing price indexes from the 1974-83 SMSA Annual Housing Surveys
    • Thibodeau, T.G., 1989. Housing price indexes from the 1974-83 SMSA Annual Housing Surveys. AREUEA Journal 17, 110-117.
    • (1989) AREUEA Journal , vol.17 , pp. 110-117
    • Thibodeau, T.G.1
  • 48
    • 0004884590 scopus 로고    scopus 로고
    • Consistent estimates of the elasticity of substitution between land and non-land inputs in the production of housing
    • Thorsnes, P., 1997. Consistent estimates of the elasticity of substitution between land and non-land inputs in the production of housing. Journal of Urban Economics 42, 98-108.
    • (1997) Journal of Urban Economics , vol.42 , pp. 98-108
    • Thorsnes, P.1
  • 49
    • 0000136965 scopus 로고
    • Residential property values in a multinodal urban area: New evidence on the implicit price of location
    • Waddell, P., Berry, B.J.L., Hoch, I., 1993a. Residential property values in a multinodal urban area: new evidence on the implicit price of location. Journal of Real Estate Finance and Economics 7, 117-141.
    • (1993) Journal of Real Estate Finance and Economics , vol.7 , pp. 117-141
    • Waddell, P.1    Berry, B.J.L.2    Hoch, I.3
  • 50
    • 0027470303 scopus 로고
    • Housing price gradients: The intersection of space and built form
    • Waddell, P., Berry, B.J.L., Hoch, I., 1993b. Housing price gradients: the intersection of space and built form. Geographical Analysis 25, 5-19.
    • (1993) Geographical Analysis , vol.25 , pp. 5-19
    • Waddell, P.1    Berry, B.J.L.2    Hoch, I.3
  • 51
    • 38249028217 scopus 로고
    • Location choice and commuting behavior in cities with decentralized employment
    • White, M.J., 1988. Location choice and commuting behavior in cities with decentralized employment. Journal of Urban Economics 24, 129-152.
    • (1988) Journal of Urban Economics , vol.24 , pp. 129-152
    • White, M.J.1
  • 52
    • 84984075806 scopus 로고
    • Commuting and congestion: A simulation model of a decentralized metropolitan area
    • White, M.J., 1990. Commuting and congestion: a simulation model of a decentralized metropolitan area. AREUEA Journal 18, 335-368.
    • (1990) AREUEA Journal , vol.18 , pp. 335-368
    • White, M.J.1
  • 53
    • 0002729857 scopus 로고
    • Some factors affectmg the spatial distribution of Chicago land values, 1910-1960
    • Yeates, M., 1965. Some factors affectmg the spatial distribution of Chicago land values, 1910-1960. Economic Geography 41, 57-70.
    • (1965) Economic Geography , vol.41 , pp. 57-70
    • Yeates, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.