2007 Reports
Simultaneous Estimation of Hedonic Equations with Unbalanced Data
Hedonic non-market valuation often requires estimating housing and labor market regressions. The authors show how to accommodate unbalanced data in hedonic regressions. In addition to efficiency gains, the method allows consistent estimation of confidence intervals for amenity values. The paper illustrates by estimating the implicit price of a temperature increase in urban Brazil.
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- 2007_08.pdf application/pdf 245 KB Download File
More About This Work
- Academic Units
- Institute for Social and Economic Research and Policy
- Publisher
- Institute for Social and Economic Research and Policy, Columbia University
- Series
- ISERP Working Papers, 07-08
- Published Here
- August 16, 2010
Notes
September 2007.