Samarasinghe, Oshadhi; Sharp, Basil - In: Australian Journal of Agricultural and Resource Economics 54 (2010) 4, pp. 457-475
This study examines the impact of flood-hazard zone location on residential property prices. The study utilises data from over 2000 private residential property sales occurred during 2006 in North Shore City, New Zealand. A spatial autoregressive hedonic model is developed to provide efficient...
