Search results for "Econometric Modeling"
showing 5 items of 5 documents
Is there a Market Value for Energy Performance in a Local Private Housing Market ? An efficiency analysis approach
2018
This paper aims to find evidence of a “green value” in a local housing market using notarial data on a small urban area in France. We use frontier functions, an original approach that departs from customary hedonistic regressions, to model housing market prices as a production set bordered by an efficiency frontier estimated by Data Envelopment Analysis (DEA). The paper tests if difference in prices (i.e. the distance from the frontier) can be explained by energy performance measured as a normalized categorical ascending kWh/m²/year grade (or Energy Performance Certificate -EPC). We show that there is significative evidence for energy performance's market value. The “Green Property Value” i…
Nature et impacts des effets spatiaux sur les valeurs immobilières : le cas de l'espace urbanisé francilien
2013
International audience
NEIGHBORHOOD EFFECTS IN SPATIAL HOUSING VALUE MODELS. THE CASE OF THE METROPOLITAN AREA OF PARIS (1999)
2009
In hedonic housing models, the spatial dimension of housing values are traditionally processed by the impact of neighborhood variables and accessibility variables. In this paper we show that spatial effects might remain once neighborhood effects and accessibility have been controlled for. We notably stress on three sides of neighborhood effects: social capital, social status and social externalities and consider the accessibility to the primary economic center as describing the urban spatial trend. Using spatial econometrics specifications of the hedonic equation, we estimate whether spatial effects impact the housing values. Our empirical case concerns the Metropolitan Area (MA) of Paris i…
Matrices de pondérations et contexte spatio-temporel en économétrie spatiale
2013
International audience
Analysis of Relationship between Net Wage and Consumer Price Index
2013
Abstract In the present paper is presented an econometric analysis of the relationship between net salary and consumer price index. After a brief historical overview will be review the calculating statistics for selected variables and coefficients and will be presented the obtained values. We will study the relationship between variables. It will be realized the cloud of points and will be applied Fisher test. The intensity of selected variables will be study too and some forms of relationship between the two chose variables will be done. Student test is applied. It will be performed the parameter estimation for regression functions and Akaike's criterion will be applied. The homoscedastici…