A new approach to the estimation of structural equations in hedonic models

Yoshitsugu Kanemoto; Ryohei Nakamura

doi:10.1016/0094-1190(86)90040-9

A new approach to the estimation of structural equations in hedonic models

Yoshitsugu Kanemoto, Ryohei Nakamura

Research output: Contribution to journal › Article › peer-review

20 Citations (Scopus)

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	https://doi.org/10.1016/0094-1190(86)90040-9
Publication status	Published - Mar 1986
Externally published	Yes

ASJC Scopus subject areas

Economics and Econometrics
Urban Studies

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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.",

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