Price-contour-based spatial dummy variables for segmenting market in the geographic information system assisted hedonic modelling of residential property prices
Dummy variable has been traditionally used to discriminate one sub-market against the other in the property market analysis. It is basically used to analyse various phenomena that have spatial influencesonthesesub-markets.Thispaperdiscusses the use of price-contour based spatial dummy variables for...
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Format: | Article |
Language: | English |
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CRES, FKSG
2006
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Online Access: | http://eprints.utm.my/531/1/39-57.pdf |