EXPLAINING HOUSEHOLD LOCATION CHOICES USING A SPATIAL PROBIT MODEL

A spatial probit model is estimated to test the influence of public services and neighborhood characteristics on relocation decisions of homebuyers in the Columbus, Ohio region. The model explicitly accounts for the spatial error autocorrelation that arises due to unobserved similarities across alternatives, which, if uncontrolled, results in inconsistent parameter estimates.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20626
Total Pages:
24
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-22

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