Hedonic Prices and the Demand for Housing Attributes in a Third World City: The Case of Ibadan, Nigeria

Ben C. Arimah
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Ben C. Arimah: Centre for Urban and Regional Planning, University of Ibadan, Ibadan, Nigeria

Urban Studies, 1992, vol. 29, issue 5, 639-651

Abstract: This paper estimates the demand functions for a set of housing attributes for the city of Ibadan, Nigeria, using Rosen's two-step estimation procedure. The empirical results reveal that the most important determinants of the demand for housing attributes are: income, price of the attribute in question, household size and the occupational status of the head of household. The paper further indicates that the demand for housing attributes is inelastic as all estimated elasticities are below unity.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:29:y:1992:i:5:p:639-651

DOI: 10.1080/00420989220080601

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