Portugal is divided in two major parts: i) the coastal zone, with a higher demographic density and where the main economic activities are concentrated; ii) the periphery, where a low economic performance and a depressed demographic dynamics coexist. Economy and demography interact, reinforcing...

Spatial homogeneity is a strong assumption in the hedonic housing price context; if not analyzed conveniently it can be a potential source of specification errors. Spatial heterogeneity occurs when a territorial segmentation exists in the housing market and, therefore, either the hedonic prices...