کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962080 929986 2010 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The political economy of housing prices: Hedonic pricing with regression discontinuity
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The political economy of housing prices: Hedonic pricing with regression discontinuity
چکیده انگلیسی
This paper uses hedonic pricing to empirically estimate the value of publicly provided local goods and services in the constituencies of the ruling party relative to those of the opposition parties. To improve control for omitted variables that change smoothly over space, we use a regression discontinuity design to restrict the sample to houses that are near the electoral boundaries. Using resale market prices of public flats in Singapore, in some cases we find a moderate but highly statistically significant difference in housing prices across the electoral boundaries that separate the constituencies of the ruling party and the opposition parties.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Housing Economics - Volume 19, Issue 2, June 2010, Pages 133-144
نویسندگان
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