Econometric Identification of the Impact of Real Estate Characteristics Based on Predictive and Studentized Residuals-Reference-Cited by-同舟云学术

Econometric Identification of the Impact of Real Estate Characteristics Based on Predictive and Studentized Residuals

Published:2017-03-01 Issue:1 Volume:25 Page:84-92
ISSN:2300-5289
Container-title:Real Estate Management and Valuation
language:en
Short-container-title:

Author:

Doszyń Mariusz¹,Gnat Sebastian²

Affiliation:

1. Katedra Ekonometrii Uniwersytet Szczeciński Poland

2. Katedra Badań Operacyjnych i Zastosowań Matematyki w Ekonomii Uniwersytet Szczeciński Poland

Abstract

Abstract The paper proposes a means of determining the impact of real estate characteristics based on the residuals of an accordingly specified econometric model. The econometric model contains explanatory variables whose values are easily measurable. Then, the hypothesis that the residuals of the econometric model encompass the impact of specific factors indicating that the real estate is atypical is verified, thus supporting real estate market analysis. The work describes various types of residuals (predictive and studentized residuals).

Publisher

Walter de Gruyter GmbH

Reference12 articles.

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