Os padrões espaciais do mercado da habitação: Uma noção multidimensional não Euclideana do espa ço

Translated title of the contribution: Spatial patterns of the housing market: Multi-dimensional non-Euclidean notion of space

João Lourenço Marques*, Eduardo Castro, Arnab Bhattacharjee

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

Abstract

This paper highlights three key aspects of the quantitative analysis of space in the housing market: i) spatial heterogeneity ii) spatial interaction, and iii) spatial scale. The difficulties of identifying housing markets and understanding the levels of interaction established between sub-markets is widely stressed in the literature, as well as a range of appropriate methods to analyze them. However, there is no consensus on the methodologies to be applied. In order to contribute to the understanding of the spatial structure of housing market, with special emphasis on spatial dependence, we present a methodology and results of their empirical application. Contrary to the traditional approach that considers an a priori definition of spatial weight matrix (W), we present a non parametric approach that allows estimating W.

Translated title of the contributionSpatial patterns of the housing market: Multi-dimensional non-Euclidean notion of space
Original languagePortuguese
Pages (from-to)5-24
Number of pages20
JournalRevista Portuguesa de Estudos Regionais
Volume32
Issue number1
Publication statusPublished - 2013

Keywords

  • Econometric spatial hedonic models
  • Housing market
  • Interaction space
  • Scale space
  • Spatial heterogeneity

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Sociology and Political Science
  • Urban Studies

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