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SPATIAL MULTIPLIERS IN HEDONIC ANALYSIS: A COMMENT ON “SPATIAL HEDONIC MODELS OF AIRPORT NOISE, PROXIMITY, AND HOUSING PRICES” *
Author(s) -
Steimetz Seiji S.C.
Publication year - 2010
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.2010.00679.x
Subject(s) - hedonic regression , econometrics , logarithm , lag , hedonic index , economics , regression analysis , spatial analysis , variable (mathematics) , spatial econometrics , hedonic pricing , noise (video) , statistics , computer science , mathematics , price index , mathematical analysis , computer network , artificial intelligence , image (mathematics)
This note draws upon the spatial‐hedonic analysis of Cohen and Coughlin to clarify the role of spatial multipliers in regression specification and benefits measurement, and to demonstrate the appropriate calculation of these benefits from dummy‐variable coefficients in semi‐logarithmic spatial‐lag models.