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A Hedonic Index Model: The Housing Market of Jos, Nigeria

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  • Isaac F. Megbolugbe

    (National Association of Home Builders, Washington, D.C. 20005)

Abstract

This paper demonstrates the usefulness of the hedonic index approach to the study of housing markets in developing countries. The study broadens the geographical scope of the various economic studies of these markets. The current practice of extrapolating empirical findings from studies of housing markets in Latin America and Asia to the less studied markets of African cities is improved on by incorporating direct evidence on housing market conditions from African case studies. This paper uses data from Jos, Nigeria to provide empirical evidence on market parameters describing the hedonic relationships for housing. For the Jos sample, variables measuring the quality of housing structure and of public services in various neighbourhoods are the local hedonic structure descriptors. Some uses of housing hedonic index numbers for housing market policy analysis are presented.

Suggested Citation

  • Isaac F. Megbolugbe, 1989. "A Hedonic Index Model: The Housing Market of Jos, Nigeria," Urban Studies, Urban Studies Journal Limited, vol. 26(5), pages 486-494, October.
    • Handle: RePEc:sae:urbstu:v:26:y:1989:i:5:p:486-494
    DOI: 10.1080/00420988920080551
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    References listed on IDEAS

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    Cited by:

    1. Eric Nazindigouba KERE & Johanna CHOUMERT & Amandine Loyal LARÉ-DONDARINI, 2014. "The impact of water and sanitation access on housing values: The case of Dapaong, Togo," Working Papers 201403, CERDI.
    2. Yusuf, Arief Anshory & Resosudarmo, Budy P., 2009. "Does clean air matter in developing countries' megacities? A hedonic price analysis of the Jakarta housing market, Indonesia," Ecological Economics, Elsevier, vol. 68(5), pages 1398-1407, March.
    3. Johanna CHOUMERT & Jesper STAGE & Claudine UWERA, 2014. "Access to water as a determinant of rental values: A hedonic analysis in Rwanda," Working Papers 201401, CERDI.
    4. Macedo, Paulo Brígido Rocha, 1998. "Heldonic Price Modelswith Spatial Effects: Aan Application to the Housing Market of Belo Horizonte, Brazil," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 52(1), January.

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