estimation of hedonic price function for khoramabad urbun housing

نویسندگان
چکیده

in present paper, housing has been considered as a multidimensional and heterogeneous item. its characteristics has been considered as key elements in determination of unit price of each building unit. the aim of the present paper is to determine the degree of importance which each charactericstics of housing has for users. there fore, hedonic price function of urbun housing in khoramabad estimated. the result showed that area of land, social security of rigonal, skeleton, building facet , lane or street width, distance from city center, parking have positive and significant influence and age of building, number of room have negative and significant influence on housing price in khoramabad. the results also showed that social security, in the preferences of the users, lane or street width are ranked as first to third priorities. distance from city center, skeleton and building facet are intermediate priorities. the number of room, parking and age of building are in bottom of list of priorities for users.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Nonparametric Estimation of a Hedonic Price Function

In this paper we attempt to replicate the results of an article (Anglin and Gençay 1996) published in this journal which applied semiparametric procedures to estimate a hedonic price function. To relax additional restrictive assumptions, we also employ a fully nonparametric model that captures nonlinearity in both continuous and categorical variables. We find that the nonparametric procedure gi...

متن کامل

Studies in Hedonic Resale Housing Price Indexes∗

Hedonic analysis is gaining acceptance as a tool for quality adjustment in goods and services in official statistics and academic research. Computers and houses are by far the two most popular products for which much of the hedonic research been concentrated on. Few comparative studies have, however, looked at the sensitivity of the price indexes that are obtained when different regression appr...

متن کامل

Housing Sub-markets and Hedonic Price Analysis: A Bayesian Approach

Sub-market definition has been identified as an important step in hedonic price analysis, to improve price predictions as well as estimates of marginal prices. Early market segmentation procedures were based on various definitions of housing or neighbourhood type. With the advent of new technologies (e.g. GIS), and statistical techniques (e.g. spatial models, clustering techniques), more sophis...

متن کامل

Convenient links for the estimation of hedonic price indexes∗

Hedonic methods are a prominent approach in the construction of quality-adjusted price indexes. This paper shows that the process of computing such indexes is substantially simplified if arithmetic (geometric) price indexes are computed based on exponential (log-linear) hedonic functions estimated by the Poisson pseudo maximum likelihood (ordinary least squares) method. A Monte Carlo simulation...

متن کامل

Estimation of Hedonic Single-Family House Price Function Considering Neighborhood Effect Variables

In the formulation of hedonic models, in addition to locational factors and building structures which affect the house prices, the generation of the omitted variable bias is thought to occur in cases when local environmental variables and the individual characteristics of house buyers are not taken into consideration. However, since it is difficult to obtain local environmental information in a...

متن کامل

Hedonic price function estimation in economics and marketing: revisiting Lancaster's issue of "noncombinable" goods

Following Lancaster’s (1966, 1979) own interpretation of his characteristics approach to consumer theory, this contribution focuses on the theoretical and empirical arguments questioning the smoothness of traditional hedonic price estimation techniques. Indeed, Lancaster argued strongly against “combinability”, i.e., that any efficient combination of characteristics is feasible and sensible, wh...

متن کامل

منابع من

با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید


عنوان ژورنال:
اقتصاد پولی مالی

جلد ۱۷، شماره ۳۳، صفحات ۰-۰

کلمات کلیدی

میزبانی شده توسط پلتفرم ابری doprax.com

copyright © 2015-2023