Price-contour-based spatial dummy variables for segmenting market in the geographic information system assisted hedonic modelling of residential property prices

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Price-contour-based spatial dummy variables for segmenting market in the geographic information system assisted hedonic modelling of residential property prices

Dummy variable has been traditionally used to discriminate one sub-market against the other in the property market analysis. It is basically used to analyse various phenomena that have spatial influencesonthesesub-markets.Thispaperdiscusses the use of price-contour based spatial dummy variables for...

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Bibliographic Details
Main Author:	Mar Iman, Abdul Hamid
Format:	Article
Language:	English
Published:	CRES, FKSG 2006
Subjects:	H Social Sciences (General)
Online Access:	http://eprints.utm.my/531/ http://eprints.utm.my/531/1/39-57.pdf

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