Measuring structural, location and environmental effects: A hedonic analysis of housing market in Wroclaw, Poland

被引:15
|
作者
Ligus, Magdalena [1 ]
Peternek, Piotr [2 ]
机构
[1] Wroclaw Univ Econ, Dept Corp Finance & Value Based Management, Fac Management Comp Sci & Finance, Komandorska 118-120, PL-53345 Wroclaw, Poland
[2] Wroclaw Univ Econ, Dept Operat Res, Fac Management Comp Sci & Finance, Komandorska 118-120, PL-53345 Wroclaw, Poland
关键词
hedonic pricing method; location effects; environmental effects; PROPERTY-VALUES; OPEN SPACES;
D O I
10.1016/j.sbspro.2016.05.497
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study aimed to investigate the home-buyers' preferences and assess marginal values of improvements in structural, location and environmental attributes for Wroclaw, Poland. The AMRON database of Polish Banks Association is used with observations between 2013-2014 years. The GIS technique is applied for implementation to the database location and environmental attributes. Results of the hedonic regression analysis for linear, semi-log and model with Box-Cox transformation give good explanatory power (adjusted R square more than 0,7). Most of structural and location attributes occurred statistically significant with expected signs of influence on prices, nevertheless analyzed environmental attributes occurred to be statistically insignificant. (C) 2016 Published by Elsevier Ltd.
引用
收藏
页码:251 / 260
页数:10
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