EXPLAINING HOUSEHOLD LOCATION CHOICES USING A SPATIAL PROBIT MODEL
Erdogan Ozturk and
Elena G. Irwin
No 20626, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
A spatial probit model is estimated to test the influence of public services and neighborhood characteristics on relocation decisions of homebuyers in the Columbus, Ohio region. The model explicitly accounts for the spatial error autocorrelation that arises due to unobserved similarities across alternatives, which, if uncontrolled, results in inconsistent parameter estimates.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 24
Date: 2001
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20626
DOI: 10.22004/ag.econ.20626
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