Air pollution and urban noise are major concerns in big cities. This paper aims at evaluating how they impact transaction prices in downtown Madrid. For that purpose, we incorporate two subjective measures of air pollution and noise, joint with other variables available for individual...

This important new book provides a valuable set of studies on spatial dynamics, emerging networks and modelling efforts. It employs interdisciplinary concepts alongside innovative trajectories to highlight recent advances in analysing and modelling the spatial economy, transport networks,...

Geomarketing is a powerfull recently developed scientific methodology which allows decision makers to visualise marketing strategies and discover those areas that are most likely to produce results. Marketing and geography leads to a whole system and provides adequate tools to analyse the...

Recently municipal household income has been estimated with spatial econometrics techniques explicitly including spatial autocorrelation in the econometric models. Spatial econometric tools have highly improved the explicative and predictive capacity of the models and more effort must be done in...

Since 1992, Lawrence R. Klein Institute –Autónoma University of Madrid- estimates the disposable income of the Spanish municipalities, recently published in the ‘Anuario Comercial de España’ –Spanish Trade Yearbook- as scaled levels. Municipal personal income has been considered as one...

Hedonic housing price models should deal with spatial autocorrelation in order to avoid bias and inconsistency in the coefficient estimates. Multilevel models have been presented as a way of properly considering the effects of neighbourhood amenities operating at different spatial hierarchies....

In this article we compare two competing approaches to ecological modelling using test data. The first approach is based on the "traditional" method of Ordinary Least Squares (OLS), assuming constancy of parameters across disaggregated spatial units (spatial homogeneity). The second (new)...

Air quality is one of the major concerns in big cities. It is therefore of interest to evaluate properly air pollution. Specifically, this paper aims at measuring how air quality is incorporated in transaction prices in downtown Madrid. For that purpose, we use multilevel models since our sample...

<title>Abstract</title> We investigate the relative impact of geographic features on the location of production in the European Union. Specifically, we attempt to quantify how much of the spatial pattern of GDP can be attributed to exogenous first-nature elements alone and how much can be derived from...