Affiliation:
1. Division of Economic Studies, University of Sheffield, England
Abstract
A model of the determinants of relative house prices was formulated and used to obtain estimates of the importance of various aspects of the dwelling and its environment. Two estimation techniques were employed: multiple regression analysis and the method of principal components. The results of the two exercises are compared and the relative efficiency of the estimation techniques is assessed in relation to the problem of multicollinearity.
Subject
Environmental Science (miscellaneous),Geography, Planning and Development
Cited by
25 articles.
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