Hedonic price analysis of urban housing: An empirical research on Hangzhou, China

被引：40
|
作者：
Wen H.-Z. [1 ,2 ]
Jia S.-H. [2 ]
Guo X.-Y. [2 ]
机构：
[1] Department of Civil Engineering, Zhejiang University
[2] Center for Real Estate Studying, Zhejiang University
来源：
Journal of Zhejiang University-SCIENCE A | 2005年 / 6卷 / 8期
关键词：
Hedonic price model; Housing characteristics; Housing price;
D O I：
10.1631/jzus.2005.A0907
中图分类号：
学科分类号：
摘要：
The hedonic price model is widely applied to study the urban housing market because of the heterogeneity of housing products. Literature indicated that the hedonic price theory mainly includes two parts: Lancaster's partiality theory and Rosen's characteristic market equilibrium analysis. This paper chose 18 characteristics as independent variables and set up a linear hedonic price model for Hangzhou City. The model was tested with 2473 housing samples and field survey data of 290 housing communities. This research found that 14 out of 18 characteristics had significant influence on housing price. They were classified into 5 groups according to their impact degree.
引用
收藏
页码：907 / 914
页数：7
相关论文
共 50 条
  • [21] An empirical analysis of housing price based on hedonic pricing theory: Evidence from Chengdu city
    He, K.
    Zhang, M. S.
    Wang, H.
    [J]. COMPUTING, CONTROL, INFORMATION AND EDUCATION ENGINEERING, 2015, : 651 - 654
  • [22] Urban Leverage and Housing Price in China
    Lu, Wanying
    Shen, Jianfu
    [J]. JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2022, 15 (02)
  • [23] Hedonic Price of Housing Space
    Agarwal, Sumit
    Chen, Yanying
    Li, Jing
    Tan, Yi Jin
    [J]. REAL ESTATE ECONOMICS, 2021, 49 (02) : 574 - 609
  • [24] Hedonic price analysis of single-family housing
    Poeta, S.
    Gerhardt, T.
    Stumpf Gonzalez, M.
    [J]. REVISTA INGENIERIA DE CONSTRUCCION, 2019, 34 (02): : 215 - 220
  • [25] Housing price determinants in Ecuador: a spatial hedonic analysis
    de la Torre, Felipe Miguel Valdez
    Chen, Xuwei
    [J]. INTERNATIONAL JOURNAL OF HOUSING MARKETS AND ANALYSIS, 2024,
  • [26] Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model
    Zhang, Yixiang
    Tao, Wenwen
    [J]. ENERGY POLICY, 2020, 147
  • [27] Empirical Research on Housing Price Ripple Effect between China's Cities
    Zhang, Hongjing
    Liu, LanHai
    [J]. 2009 IITA INTERNATIONAL CONFERENCE ON SERVICES SCIENCE, MANAGEMENT AND ENGINEERING, PROCEEDINGS, 2009, : 43 - +
  • [28] Impacts of land supply factors on housing price: An hedonic price model on Chengdu, China
    Li Zheng
    Yu bing
    [J]. Proceedings of the 2006 International Conference on Management Science & Engineering (13th), Vols 1-3, 2006, : 2056 - 2060
  • [29] An Empirical Study of Hedonic Housing Price Model in Beijing with 2007 Market Data
    Chen, Peihong
    Wang, Jiaqiong
    [J]. PROCEEDINGS OF 2009 CONFERENCE ON SYSTEMS SCIENCE, MANAGEMENT SCIENCE & SYSTEM DYNAMICS, VOL 1, 2009, : 83 - 87
  • [30] Theoretical and empirical considerations regarding space in hedonic housing price model applications
    Bowen, WM
    Mikelbank, BA
    Prestegaard, DM
    [J]. GROWTH AND CHANGE, 2001, 32 (04) : 466 - 490
12345