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Article: A review of recent empirical studies on property price gradients

TitleA review of recent empirical studies on property price gradients
Authors
Yiu, CYTam, CS
Issue Date2004
PublisherAmerican Real Estate Society. The Journal's web site is located at http://cbeweb-1.fullerton.edu/finance/jrel/about/default.htm
Citation
Journal Of Real Estate Literature, 2004, v. 12 n. 3, p. 307-321 How to Cite?
AbstractThis paper reviews the empirical studies that have been conducted on property price gradients. There are basically two different methodologies of estimation and three different assumptions on the spatial structure of an urban area. The two methods are: (1) the hedonic pricing model and (2) the repeat-sales model; and the three assumptions are: (1) the monocentric assumption; (2) the non-monocentric/polycentric assumption; and (3) no a priori assumption about the urban spatial structure. The methodologies and the findings of these previous studies are compared and analyzed to clarify the path for further studies.
Persistent Identifierhttp://hdl.handle.net/10722/168774
ISSN
0927-7544
2020 SCImago Journal Rankings: 0.204
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorYiu, CYen_HK
dc.contributor.authorTam, CSen_HK
dc.date.accessioned2012-10-08T03:32:18Z-
dc.date.available2012-10-08T03:32:18Z-
dc.date.issued2004en_HK
dc.identifier.citationJournal Of Real Estate Literature, 2004, v. 12 n. 3, p. 307-321en_HK
dc.identifier.issn0927-7544en_HK
dc.identifier.urihttp://hdl.handle.net/10722/168774-
dc.description.abstractThis paper reviews the empirical studies that have been conducted on property price gradients. There are basically two different methodologies of estimation and three different assumptions on the spatial structure of an urban area. The two methods are: (1) the hedonic pricing model and (2) the repeat-sales model; and the three assumptions are: (1) the monocentric assumption; (2) the non-monocentric/polycentric assumption; and (3) no a priori assumption about the urban spatial structure. The methodologies and the findings of these previous studies are compared and analyzed to clarify the path for further studies.en_HK
dc.languageengen_US
dc.publisherAmerican Real Estate Society. The Journal's web site is located at http://cbeweb-1.fullerton.edu/finance/jrel/about/default.htmen_HK
dc.relation.ispartofJournal of Real Estate Literatureen_HK
dc.titleA review of recent empirical studies on property price gradientsen_HK
dc.typeArticleen_HK
dc.identifier.emailYiu, CY: ecyyiu@hkucc.hku.hken_HK
dc.identifier.authorityYiu, CY=rp01035en_HK
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-7444224627en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-7444224627&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume12en_HK
dc.identifier.issue3en_HK
dc.identifier.spage307en_HK
dc.identifier.epage321en_HK
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridYiu, CY=9248825800en_HK
dc.identifier.scopusauthoridTam, CS=7201444744en_HK
dc.identifier.issnl0927-7544-

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