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Data requirements of hedonic models in determining the impact on infrastructure charges on new housing costs [electronic resource]

By: Contributor(s): Language: English Series: COBRA ; 2013Publication details: London RICS 2013ISBN:
  • 9781783210305
Subject(s): Summary: A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at several international hedonic house price models seeking to quantify the effect of infrastructure charges on new house prices. This research finds there is little consistency between existing models and the data sets utilised. Specification appears dependent upon data availability rather than sound theoretical grounding. This may lead to a lack of external validity with model specification dependent upon data availability rather than sound theoretical grounding.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 158760-2001

A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at several international hedonic house price models seeking to quantify the effect of infrastructure charges on new house prices. This research finds there is little consistency between existing models and the data sets utilised. Specification appears dependent upon data availability rather than sound theoretical grounding. This may lead to a lack of external validity with model specification dependent upon data availability rather than sound theoretical grounding.