Showing 1 - 10 of 29,837
This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...
Persistent link: https://www.econbiz.de/10009787341
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and spatial error components. We study the general case where spatial effects are incorporated via spatial errors terms and via a spatial lag dependent variable and where the...
Persistent link: https://www.econbiz.de/10013137243
This paper estimates and compares methods of constructing disaggregated house price indices from existing house price models using individual sales data for Sydney. Nine alternative house price models are selected to cover the most frequently used methods in the literature: the mean model,...
Persistent link: https://www.econbiz.de/10013084750
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and spatial error components. We study the general case where spatial effects are incorporated via spatial errors terms and via a spatial lag dependent variable and where the...
Persistent link: https://www.econbiz.de/10009013035
Persistent link: https://www.econbiz.de/10011459469
This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analysis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of...
Persistent link: https://www.econbiz.de/10012728771
This paper develops a theoretically consistent technique for valuing non-marketed local attributes using compensating income differentials in the absence of housing market data. The individual's indirect utility function is identified with aggregate data describing equilibrium location...
Persistent link: https://www.econbiz.de/10011613025
Persistent link: https://www.econbiz.de/10001536342
Wind power is the most important renewable energy source in many countries today, characterized by a rapid and extensive diffusion since the 1990s. However, it has also triggered much debate with regard to the impact on landscape and vista. Therefore, siting processes of wind farm projects are...
Persistent link: https://www.econbiz.de/10013090591
An innovative and simple experiment with cross-section data ordering is carried out to exploit a basic feature between … many economic variables – nonlinear scale dependence. The experiment is tried on hedonic price models using two data sets … derived from our experiment deviate significantly from those conventionally constructed indices, indicating the latter being …
Persistent link: https://www.econbiz.de/10013027921