Estimates of Households' Preferences for Environmental Quality and Other Housing Characteristics from a System of Demand Equations

1979 ◽  
Vol 81 (2) ◽  
pp. 174 ◽  
Author(s):  
Melville L. McMillan
1974 ◽  
Vol 6 (1) ◽  
pp. 11-31 ◽  
Author(s):  
Patricia F Apps

This is the third of three papers describing a model of housing demand calibrated with data for Reading, Berkshire. The first paper, “A residential model: 1. Theory”, presents the assumptions and the theoretical framework for the model which is based on ideas in modern microeconomics. The second paper, “A residential model: 2. Implicit prices for housing services”, describes results for housing price indices, and implicit demand prices for housing characteristics and accessibility measures as services. This third paper contains demand equations, obtained by multiple regression, for housing services aggregated at three levels as a function of household attributes such as income, social status, household size, and stage in family cycle. Further, the paper includes a study of tenure where the real housing costs paid for similar housing by different households are calculated.


1973 ◽  
Vol 5 (5) ◽  
pp. 619-632 ◽  
Author(s):  
Patricia F Apps

This is the first of three papers describing a model of housing demand. The present paper sets out the theoretical framework for the model, which is based on a number of recent theories in economics. The main interest in the research lies in the development of urban models for obtaining information directly relevant to the analysis of costs and benefits for alternative urban programs, in this case housing programs. The research for the housing model, therefore, is concerned with housing services, their relative demand prices, and demand equations for these services. The second paper, “A residential model: 2. Implicit prices for housing services”, contains results for demand prices for housing characteristics as services estimated by multiple regression analysis, using data for selling price and housing characteristics from the town of Reading, Berkshire. The research described in the third paper, “A residential model: 3. Demand equations for housing services”, includes results for the wide differences in prices for similar housing between tenure groups, and for demand equations for housing services at three levels of aggregation as a function of household attributes of income, social status, stage in family cycle, and household size.


1999 ◽  
Author(s):  
S. Reynolds ◽  
P. Subramanian ◽  
G. Breuer ◽  
M. Stein ◽  
D. Black ◽  
...  

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