Liu, Xiaolong - In: The Journal of Real Estate Finance and Economics 47 (2013) 2, pp. 341-369
This paper incorporates spatial and temporal dependence among housing transactions in predicting future house prices. We employ the spatiotemporal autoregressive model and structure the spatial and temporal weighting matrices as in Pace et al. <CitationRef CitationID="CR23">(1998)</CitationRef>. We control for the time variation of both...</citationref>