Veie, Kathrine Lausted; Panduro, Toke Emil - Institut for Fødevare- og Ressourceøkonomi, … - 2013
Hedonic models are subject to spatially correlated errors which are a symptom of omitted spatial variables, mis-specification or mismeasurement. Methods have been developed to address this problem through the use of spatial econometrics or spatial fixed effects. However, often spatial...