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A New Approach to the Estimation of Structural Equations in Hedonic Models

Yoshitsugu Kanemoto

Working Paper from Economics Department, Queen's University

Abstract: This paper 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 method are applied to Japanese housing data and the estimates compared.

Pages: 27 pages
Date: 1985
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