Release time:2018-05-01 Hits:
- Indexed by:Journal paper
- First Author:沈淑琳
- Journal:Journal of Applied Econometrics
- Included Journals:SSCI
- Discipline:Economics
- First-Level Discipline:Applied Economics
- Document Type:J
- Issue:33
- Page Number:479-484
- ISSN No.:0883-7252
- Key Words:Housing diffusion, SAR
- DOI number:10.1002/jae.2607
- Date of Publication:2018-05-01
- Impact Factor:2.46
- Abstract:Brady (Journal of Applied Econometrics, 2011, 26(2), 213–231) studies how fast and how long a change in housing prices in one region affects its neighbors by estimating the impulse response functions using a spatial autoregressive model (SAR). This paper replicates Brady's empirical results, but reports different SAR test statistics. Additional robustness checks are conducted by analyzing three different housing price indexes covering a more extensive period. Analysis shows that the model specifications and model estimates vary with the housing price indexes.
- Links to published journals:https://doi.org/10.1002/jae.2607