The Specification of Hedonic Indexes for Urban Housing

Richard V. Butler

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Housing Market and Economics Regional Economics and Spatial Analysis Urban Planning and Valuation

Abstract

Most studies evaluating the effect on housing prices of regulatory programs for controlling urban growth use econometric methods (hedonic price models) without considering the research-design aspects of the task. This article examines the strengths and ...

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References

1974Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition 1969The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis 1967The Determinants of Residential Property Values with Special Reference to Air Pollution 1970Measuring the Value of Housing Quality 1980Some empirical results on the nature of the hedonic price function for the urban housing market 1976Segmentation in urban housing markets 1973Recent Empirical Work on the Determinants of Relative House Prices 1961The Economics of Urban Renewal

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