The welfare benefit of a home’s location: an empirical comparison of spatial and non-spatial model estimates

This article compares results from non-spatial and new spatial methods to examine the reliability of welfare estimates (direct and multiplier effects) for locational housing attributes in Seattle, WA. In particular, we assess if OLS with spatial fixed effects is able to account for the spatial struc...

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Veröffentlicht in:	Journal of geographical systems 2012-07, Vol.14 (3), p.319-356
Hauptverfasser:	Koschinsky, Julia, Lozano-Gracia, Nancy, Piras, Gianfranco
Format:	Artikel
Sprache:	eng
Schlagworte:	Areal geology Areal geology. Maps Computer Appl. in Social and Behavioral Sciences Earth sciences Earth, ocean, space Econometrics Economic models Economics Economics and Finance Equilibrium Estimates Estimating techniques Exact sciences and technology Geographic information systems Geographical Information Systems/Cartography Geologic maps, cartography Home buyers Houses Housing Housing prices Landscape/Regional and Urban Planning Neighborhoods Original Article Property values Regional/Spatial Science Studies Urban Economics Valuation Willingness to pay
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