In this paper we study the relationship between labour market accessibility and housing prices in a Norwegian region. Through a hedonic approach we estimate implicit prices for a location with a marginally improved labour market accessibility. We test alternative measures of spatial separation...

We first use alternative hedonic model formulations to compare predicted and observed prices of property transactions in alternative locations. The estimation of model parameters is based on data from Western Norway, and the model formulations differ with respect to the representation of spatial...

The starting point of this paper is a hedonic regression model where house prices are explained as a result of urban attraction and the accessibility to job opportunities in the region. The basic hypothesis is that house prices reflect that households in addition value accessibility to job...

It has been argued that gravity models are the most popular mathematical description of human interaction (Sheppard, 1984). In relation to housing prices, gravity based accessibility measures have been suggested as a generalization of modern polycentric labour market structures (Heikkila et al....

A variety of methods have been developed which allow the estimation of benefits likely to arise from new transport infrastructure. In this paper, we concentrate on measuring commuting-related benefits. We compare and contrast two different approaches. The first relies on using data on commuting...

It is well known that measures of labour market accessibility explain spatial variation in housing prices, even in markets with polycentric labour market structures. This paper examines whether data on observed commuting patterns can replace or supplement gravity-based measures representing the...

We first use alternative hedonic model formulations to compare predicted and observed prices of property transactions in alternative locations. The estimation of model parameters is based on data from Western Norway, and the model formulations differ with respect to the representation of spatial...

M<sc>c</sc>A<sc>rthur</sc> D. P., O<sc>sland</sc> L. and T<sc>horsen</sc> I. Spatial transferability of hedonic house price functions, <italic>Regional Studies</italic>. The aim of this paper is to investigate whether it is possible to use parameter estimates from a hedonic function estimated in one region to make reliable predictions in another...

We compare two estimates of benefits arising from the construction of new bridges in south-west Norway. One estimate comes from a hedonic property value model. Rather than follow an approach which is strictly theoretically correct, we adopt Rosen’s simple first-stage approach. To investigate...

This paper primarily focuses on predicting housing price gradients in a Norwegian region with one dominating center. Spatial separation is represented by a function of the traveling distance from the city center in a traditional hedonic regression equation. Several functions are tested, and some...