Palgrave Handbook of Econometrics: Applied Econometrics

1232 Spatial Hedonic Models observations is conceptualized (for details, see Anselin, 2002). The most widely used framework is r ...

Luc Anselin and Nancy Lozano-Gracia 1233 other unobserved characteristics of the house. Alternatively, if the house purchase dec ...

1234 Spatial Hedonic Models insignificant or positive signs for distance decay, a finding not compatible with theory (Dubin, 199 ...

Luc Anselin and Nancy Lozano-Gracia 1235 Table 26.2 Spatial dependence: lag Article Source Can (1990) Economic Geography Can (19 ...

1236 Spatial Hedonic Models (2008) and Anselin and Lozano-Gracia (2008), among others. A comparative per- spective is offered in ...

Luc Anselin and Nancy Lozano-Gracia 1237 out to eliminate the effects of spatial autocorrelation, which reduces the ultimate sam ...

1238 Spatial Hedonic Models autocorrelation leads to biases for the estimated risk measures that range between 37% and 167%. Mun ...

Luc Anselin and Nancy Lozano-Gracia 1239 Overall, there is ample empirical evidence that properly accounting for spatial depende ...

1240 Spatial Hedonic Models The main methodological problem is then how to delineate the submarkets. In the literature, this has ...

Luc Anselin and Nancy Lozano-Gracia 1241 between 1995 and 1997 and derive aggregates of school zones as sub-markets. The procedu ...

1242 Spatial Hedonic Models Kestenset al. (2006). However, their feasibility in practice is typically limited due to the severe ...

Luc Anselin and Nancy Lozano-Gracia 1243 using data on 33,494 transactions of single-family detached houses sold between January ...

1244 Spatial Hedonic Models The distinction between equations (26.45) and (26.46) is important in light of the points recently r ...

Luc Anselin and Nancy Lozano-Gracia 1245 and forms the basis for flexible policy simulation experiments. While the field has mad ...

1246 Spatial Hedonic Models Anselin, L., N. Lozano-Gracia, U. Deichmann and S.V. Lall (2008) Valuing access to water – a spatial ...

Luc Anselin and Nancy Lozano-Gracia 1247 Case, B., J. Clapp, R. Dubin and M. Rodriguez (2004) Modeling spatial and temporal hous ...

1248 Spatial Hedonic Models Fotheringham, A., C. Brunsdon and M. Charlton (2002)Geographically Weighted Regression: The Analysis ...

Luc Anselin and Nancy Lozano-Gracia 1249 In J.P. LeSage and R. Kelley Pace (eds.),Advances in Econometrics. Volume 18: Spatial a ...

1250 Spatial Hedonic Models Noonan, D.S. (2007) Finding an impact of preservation policies: price effects of historic landmarks ...

27 Spatial Analysis of Economic Convergence Sergio J. Rey and Julie Le Gallo Abstract This chapter reviews some of the major eco ...