HouSI: Heuristic for delimitation of housing submarkets and price homogeneous areas

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dc.citation.journalTitleCOMPUTERS ENVIRONMENT AND URBAN SYSTEMS
dc.contributor.authorRoyuela, V.spa
dc.contributor.authorDuque, Juan C.spa
dc.contributor.departmentUniversidad EAFIT. Departamento de Economía y Finanzasspa
dc.contributor.researchgroupResearch in Spatial Economics (RISE)eng
dc.date.accessioned2021-04-12T14:26:14Z
dc.date.available2021-04-12T14:26:14Z
dc.date.issued2013-01-01
dc.description.abstractThis paper seeks to address the problem of the empirical identification of housing market segmentation, once we assume that submarkets exist. The typical difficulty in identifying housing submarkets when dealing with many locations is the vast number of potential solutions and, in such cases, the use of the Chow test for hedonic functions is not a practical solution. Here, we solve this problem by undertaking an identification process with a heuristic for spatially constrained clustering, the "Housing Submarket Identifier" (HouSI). The solution is applied to the housing market in the city of Barcelona (Spain), where we estimate a hedonic model for fifty thousand dwellings aggregated into ten groups. In order to determine the utility of the procedure we seek to verify whether the final solution provided by the heuristic is comparable with the division of the city into ten administrative districts. © 2012 Elsevier Ltd.eng
dc.identifierhttps://eafit.fundanetsuite.com/Publicaciones/ProdCientif/PublicacionFrw.aspx?id=1567
dc.identifier.doi10.1007/s10109-010-0137-1
dc.identifier.issn01989715
dc.identifier.issn18737587
dc.identifier.otherWOS;000297121500002
dc.identifier.otherSCOPUS;2-s2.0-80855130145
dc.identifier.urihttp://hdl.handle.net/10784/28024
dc.language.isoengeng
dc.publisherELSEVIER SCI LTD
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84870392009&doi=10.1016%2fj.compenvurbsys.2012.04.005&partnerID=40&md5=0973deee27407e9d41e3e0a75be7d897
dc.rightshttps://v2.sherpa.ac.uk/id/publication/issn/0198-9715
dc.sourceCOMPUTERS ENVIRONMENT AND URBAN SYSTEMS
dc.subject.keywordBarcelonaeng
dc.subject.keywordChow testeng
dc.subject.keywordConstrained clusteringeng
dc.subject.keywordHedonic modeleng
dc.subject.keywordHedonic priceseng
dc.subject.keywordHousing marketseng
dc.subject.keywordIdentification processeng
dc.subject.keywordPotential solutionseng
dc.subject.keywordPractical solutionseng
dc.subject.keywordSpatial clusteringeng
dc.subject.keywordSubmarketseng
dc.subject.keywordCommerceeng
dc.subject.keywordHousingeng
dc.subject.keywordcluster analysiseng
dc.subject.keywordempirical analysiseng
dc.subject.keywordhedonic analysiseng
dc.subject.keywordheuristicseng
dc.subject.keywordhousing marketeng
dc.subject.keywordprice dynamicseng
dc.subject.keywordBarcelona [Catalonia]eng
dc.subject.keywordCataloniaeng
dc.subject.keywordSpaineng
dc.titleHouSI: Heuristic for delimitation of housing submarkets and price homogeneous areaseng
dc.typearticleeng
dc.typeinfo:eu-repo/semantics/articleeng
dc.typeinfo:eu-repo/semantics/publishedVersioneng
dc.typepublishedVersioneng
dc.type.localArtículospa

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