Interjurisdictional housing prices and spatial amenities: Which measures of housing prices reflect local public goods?

Spencer Banzhaf and Omar Farooque

Regional Science and Urban Economics, 2013, vol. 43, issue 4, 635-648

Abstract: Understanding the spatial variation in housing prices plays a crucial role in topics ranging from the cost of living to quality-of-life indices to studies of public goods and household mobility. Yet analysts have not reached a consensus on the best source of such data, variously using transaction values, self-reported values from the census, and rental values. Additionally, while most studies use micro-level data, some have used summary statistics such as the median housing value.

Keywords: Housing prices; Price index; Capitalization (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (23)

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Working Paper: Interjurisdictional Housing Prices and Spatial Amenities: Which Measures of Housing Prices Reflect Local Public Goods? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:43:y:2013:i:4:p:635-648

DOI: 10.1016/j.regsciurbeco.2013.03.006

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