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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/t0018 |
来源ID | Technical Working Paper 0018 |
On the Estimation of Structural Hedonic Price Models | |
James N. Brown; Harvey S. Rosen | |
发表日期 | 1982-05-01 |
出版年 | 1982 |
语种 | 英语 |
摘要 | MANY COMMODITIES can be viewed as bundles of individual attributes for which no explicit markets exist. It is often of interest to estimate structural demand and supply functions for these attributes, but the absence of directly observable attribute prices poses a problem for such estimation. In an influential paper published several years ago, Rosen [3] proposed an estimation procedure to surmount this problem. This procedure has since been used in a number of applications (see, for example, Harrison and Rubinfeld [2] or Witte, et al. [4]). The purpose of this note is to point out certain pitfalls in Rosen's procedure, which, if ignored, could lead to major identification problems. In Section 2 we summarize briefly the key aspects of Rosen's method as it has been applied in the literature. Section 3 discusses the potential problems inherent in this procedure and provides an example. Section 4 concludes with a few suggestions for future research. |
主题 | Econometrics |
URL | https://www.nber.org/papers/t0018 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558099 |
推荐引用方式 GB/T 7714 | James N. Brown,Harvey S. Rosen. On the Estimation of Structural Hedonic Price Models. 1982. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
t0018.pdf(467KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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