Specification and estimation of hedonic housing price models
针对城市住房价格决定过程的不同概念,提出了传统和空间自回归特征价格模型,并探讨了估计策略选择、空间依赖与异质性诊断检验以及异方差稳健方法等计量问题。
Alternative traditional and spatial autoregressive hedonic urban housing price models are offered corresponding to different conceptualizations of the housing price determination process. Some methodological issues relevant to their estimation are addressed that draw upon recent developments from spatial econometrics. These include the selection of the appropriate estimation strategy; the application of diagnostic tests for the detection of spatial dependence and heterogeneity; and the use of robust methods in the presence of heteroskedasticity.