Hedonic estimation with unobserved characteristics : an application to the housing market in Santiago, Chile
dc.contributor.author | Quiroga, Bernardo F. | |
dc.date.accessioned | 2020-04-20T16:18:10Z | |
dc.date.available | 2020-04-20T16:18:10Z | |
dc.date.issued | 2013 | |
dc.date.updated | 2020-03-31T21:32:11Z | |
dc.description.abstract | We estimate a hedonic price function for the characteristics of housing units in Santiago, Chile, with the aim to capture unobserved utility-generating attributes for each unit. We used for this purpose two different semiparametric regression methods: a local linear kernel regression with a single unobservable index variable, similar to what has been implemented by Bajari and Kahn (2005), and a partially linear in the parameters, partially nonparametric method as first proposed by Robinson (1988). The data used comes from a cross-sectional sample of housing units in Santiago, Chile in 2006. Interestingly, the results obtained for the unobservable components are similar to each other and to ordinary least squares. | |
dc.identifier.doi | 10.2139/ssrn.2356019 | |
dc.identifier.issn | 1556-5068 | |
dc.identifier.uri | https://repositorio.uc.cl/handle/11534/28675 | |
dc.identifier.uri | http://dx.doi.org/10.2139/ssrn.2356019 | |
dc.language.iso | en | |
dc.relation.isformatof | SSRN Electronic Journal (2013). | |
dc.revista | SSRN Electronic Journal | es_ES |
dc.rights | acceso restringido | |
dc.subject | Hedonic estimation | es_ES |
dc.subject | Unobservable characteristics | es_ES |
dc.subject | Chile | es_ES |
dc.subject | Housing market | es_ES |
dc.subject.ddc | 330 | |
dc.subject.dewey | Economía | es_ES |
dc.title | Hedonic estimation with unobserved characteristics : an application to the housing market in Santiago, Chile | es_ES |
dc.type | artículo | |
sipa.codpersvinculados | 120937 |
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