L'influence des arrondissements dans la formation des prix immobiliers à Paris: diffusion ou localisation ?

Edwin Deutsch, Alexandre Quettier and Arnaud Simon
Additional contact information
Edwin Deutsch: Technical University of Wien
Alexandre Quettier: Technical University of Wien
Arnaud Simon: DRM - Dauphine Recherches en Management - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: This is an empirical study about the formation of residential prices in Paris. It is asked to which extent the formation of prices is guided by selected districts that influence the prices in other parts of the city. The analysis is performed with econometric models of the Sar-type. The spillover mechanism of prices is ranked according to the partial contribution to spatial autocorrelation of the districts. We use real estate data collected by the French notary bureau Bien containing nearly 30 000 transactions, and population data offered by the Iris-database and the statistical bureau Insee. In the analysis, we focus our attention to the "reflection" problem that concerns the identification of causal effects in the Sar-models. Doing so we can offer results that explain what drives the diffusion of a district, obtaining new insights into the leading role of population data which make the price diffusion generated by districts stronger or weaker.

Keywords: arrondissements directeurs; diffusion de prix; effets locaux et globaux; modèle Sar; driving districts; local and global effects; price diffusion; Sar model (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Published in Revue d'économie régionale et urbaine, 2017, 2017 (4), ⟨10.3917/reru.174.0673⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01778932

DOI: 10.3917/reru.174.0673

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().