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Hedonic analysis of housing markets

In: Handbook of Regional and Urban Economics

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  • Sheppard, Stephen
Abstract
This chapter examines the hedonic analysis of housing markets. These techniques have been widely applied in studies of the demand for housing attributes and environmental amenities. The chapter discusses the theoretical foundation of hedonic analysis, the use of hedonic estimates of demand for welfare analysis, the empirical difficulties that arise in such studies, and some of the methods for overcoming these difficulties.

Suggested Citation

  • Sheppard, Stephen, 1999. "Hedonic analysis of housing markets," Handbook of Regional and Urban Economics, in: P. C. Cheshire & E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 3, chapter 41, pages 1595-1635, Elsevier.
    • Handle: RePEc:eee:regchp:3-41
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    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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