dc.contributor.author | Lyons, Ronan C. | |
dc.date.accessioned | 2013-02-05T19:01:17Z | |
dc.date.available | 2013-02-05T19:01:17Z | |
dc.date.issued | 2012 | |
dc.identifier.citation | Lyons, Ronan C.. 'The real value of house prices: what the cost of accommodation can tell policymakers'. - Dublin: Statistical and Social Inquiry Society of Ireland, Vol.41, 2011-2012, pp 71-91 | en |
dc.identifier.issn | 00814776 | |
dc.identifier.other | JELR31 | |
dc.identifier.other | JELG12 | |
dc.identifier.other | JEL H4 | |
dc.identifier.other | JEL L92 | |
dc.description | read before the Society, 15 March 2012 | en |
dc.description.abstract | This paper explores the potential for the housing market to inform public policy in Ireland by developing a model of the determinants of the cost of accommodation. It does this by using a rich dataset of sales and lettings accommodation costs in Ireland over the period 2006-2010. A large empirical literature has grown up around a core concept that households pay to enjoy particular amenities. Five categories of amenity are included in the analysis: market depth, transport, human capital, social capital and environmental amenities. The typical amenity included is found to have a significant effect on accommodation costs, one that is larger in the sales segment than in the rental segment. Differences by amenity type highlight the importance of using ?supply-side variation? to ensure the robustness of estimates of private benefit from public goods. | en |
dc.language.iso | en | en |
dc.publisher | Statistical and Social Inquiry Society of Ireland | en |
dc.relation.ispartofseries | Journal of the Statistical and Social Inquiry Society of Ireland; | |
dc.relation.ispartofseries | Vol. 41, 2011-2012; | |
dc.subject | housing markets | en |
dc.subject | housing prices | en |
dc.subject | hedonic regression | en |
dc.subject.ddc | 314.15 | |
dc.title | The real value of house prices: what the cost of accommodation can tell policymakers | en |
dc.type | Journal Article | en |
dc.status.refereed | Yes | |
dc.identifier.rssuri | http://www.ssisi.ie | |
dc.identifier.uri | http://hdl.handle.net/2262/66023 | |