Price and spatial distribution of office rental in Madrid: a decision tree analysis
In this paper, we assess the drivers of office rental prices in the municipality of Madrid with a sample of 4,721 offices in March, 2020. The estimation was performed using the decision tree approach, which was built with a random forest algorithm. This technique allows us to capture the strong nonl...
Main Authors: | Manuel Ruiz, Salvador Ramallo, Máximo Camacho |
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Format: | Article |
Language: | English |
Published: |
Pontificia Universidad Católica del Perú
2021-10-01
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Series: | Economía |
Online Access: | https://revistas.pucp.edu.pe/index.php/economia/article/view/22227 |
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