Abstract
This paper first clarifies the source of a difficulty in estimating structural equations in hedonic models and then develops an estimation method which avoids this difficulty. Both Quigley's and our methods are applied to Japanese housing data, and the estimates of the two methods are compared.
| Original language | English |
|---|---|
| Pages (from-to) | 218-233 |
| Number of pages | 16 |
| Journal | Journal of Urban Economics |
| Volume | 19 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Mar 1986 |
| Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics
- Urban Studies
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Cite this
Kanemoto, Y., & Nakamura, R. (1986). A new approach to the estimation of structural equations in hedonic models. Journal of Urban Economics, 19(2), 218-233. https://doi.org/10.1016/0094-1190(86)90040-9