Spatial heterogeneity in implicit housing prices: evidence from Hangzhou, China

Estimated coefficients in hedonic price models are generally assumed to be constant throughout the entire study area. However, increasing evidence reveals that the marginal prices of housing characteristics may vary over space and that the spatial heterogeneity problem in implicit housing prices sho...

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Bibliographic Details
Main Authors: Haizhen Wen, Yilan Jin, Ling Zhang
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2017-02-01
Series:International Journal of Strategic Property Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/IJSPM/article/view/1857