DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL

Volume: 9 Number: 1 January 1, 2008
  • Sibel Selim
TR EN

DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL

Abstract

In real estate valuation and house market research, house prices and rental value are generally analyzed by hedonic model based on micro economic theory. Hedonic model examines the effect of characteristics of goods on their prices. Factors that determine the house prices in Turkey are analyzed in this paper using 2004 Household Budget Survey Data. The most important variables that affect house rents are type of house, type of building, number of rooms, size, and other structural characteristics such as water system, pool, natural gas.

Keywords

References

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  2. BAO, H. X. H. & WAN, A. T. K. (2004). On the use of spline smoothing in estimating hedonic housing price models: empirical evidence using Hong Kong data. Real Estate Economics. vol. 32, issue 3, pp. 487-507.
  3. BIN, O. (2004). A prediction comparison of housing sales prices by parametric versus semi-parametric regressions. Journal of Housing Economics. 13: 68- 84.ss.
  4. CAN, A. (1992). Specification and estimation of hedonic housing price models. Regional Science and Urban Economics, 22, pp. 453–474.
  5. CASE, B.J., CLAPP, R., DUBIN & M., RODRIGUEZ (2004). Modelling spatial and temporal house price patterns: a comparison of four models. Journal of Real Estate Finance and Economics, vol. 29, issue 2, pp. 167-191.
  6. FAN, G., ONG, Z. S. E. & KOH, H. C. (2006). Determinants of house price: A decision tree approach. Urban Studies. Vol. 43, No. 12, pp. 2301-2315.
  7. FLETCHER, M., GALLIMORE, P. & MANGAN, J. (2000). Heteroscedasticity in hedonic house price models. Journal of Property Research. 17 (2), pp. 93-108.
  8. FILHO, C. M. & BIN, O. (2005). Estimation of hedonic price functions via additive nonparametric regression. Emprical Economics. 30, pp. 93-114.

Details

Primary Language

English

Subjects

-

Journal Section

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Authors

Sibel Selim This is me

Publication Date

January 1, 2008

Submission Date

-

Acceptance Date

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Published in Issue

Year 2008 Volume: 9 Number: 1

APA
Selim, S. (2008). DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL. Doğuş Üniversitesi Dergisi, 9(1), 65-76. https://izlik.org/JA66JL64UC
AMA
1.Selim S. DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL. Doğuş Üniversitesi Dergisi. 2008;9(1):65-76. https://izlik.org/JA66JL64UC
Chicago
Selim, Sibel. 2008. “DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL”. Doğuş Üniversitesi Dergisi 9 (1): 65-76. https://izlik.org/JA66JL64UC.
EndNote
Selim S (January 1, 2008) DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL. Doğuş Üniversitesi Dergisi 9 1 65–76.
IEEE
[1]S. Selim, “DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL”, Doğuş Üniversitesi Dergisi, vol. 9, no. 1, pp. 65–76, Jan. 2008, [Online]. Available: https://izlik.org/JA66JL64UC
ISNAD
Selim, Sibel. “DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL”. Doğuş Üniversitesi Dergisi 9/1 (January 1, 2008): 65-76. https://izlik.org/JA66JL64UC.
JAMA
1.Selim S. DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL. Doğuş Üniversitesi Dergisi. 2008;9:65–76.
MLA
Selim, Sibel. “DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL”. Doğuş Üniversitesi Dergisi, vol. 9, no. 1, Jan. 2008, pp. 65-76, https://izlik.org/JA66JL64UC.
Vancouver
1.Sibel Selim. DETERMINANTS OF HOUSE PRICES IN TURKEY: A HEDONIC REGRESSION MODEL. Doğuş Üniversitesi Dergisi [Internet]. 2008 Jan. 1;9(1):65-76. Available from: https://izlik.org/JA66JL64UC