Bala, Alain Pholo; Peeters, Dominique; Thomas, Isabelle - In: Journal of Housing Economics 25 (2014) C, pp. 104-123
Using Belgian microdata, we assess the impact, on a hedonic regression, of the distortions arising from the choice of either a specific zoning system or the delineation of the study area. We also evaluate the biases that arise when spatial effects are not accounted for. Given that the dependent...