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La contribution des effets de voisinage à la formation des prix du logement. Une évaluation sur l'agglomération bordelaise

Author

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  • Aurélien Décamps
  • Frédéric Gaschet

Abstract

This article aims at evaluating the role of neighbourhood effects in the formation of housing prices, using data from the Bordeaux metropolitan area. Considering the limits of traditional hedonic approaches, we implement a multilevel hedonic approach allowing a variance decomposition of the impact of each determinant identified by economic theory, with respect to two geographical levels. The results confirm the significant role played by neighbourhood effects. Their global impact on housing prices appears to be higher than traditional accessibility measures. Classification JEL : J15, R14, R23.

Suggested Citation

  • Aurélien Décamps & Frédéric Gaschet, 2013. "La contribution des effets de voisinage à la formation des prix du logement. Une évaluation sur l'agglomération bordelaise," Revue économique, Presses de Sciences-Po, vol. 64(5), pages 883-910.
    • Handle: RePEc:cai:recosp:reco_645_0883
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    Cited by:

    1. Denis Anne, 2019. "Aides à la mobilité et insertion sociale," Erudite Ph.D Dissertations, Erudite, number ph19-03 edited by Yannick L'Horty.
    2. Kassoum Ayouba & Marie-Laure Breuillé & Camille Grivault & Julie Le Gallo, 2020. "Does Airbnb Disrupt the Private Rental Market? An Empirical Analysis for French Cities," International Regional Science Review, , vol. 43(1-2), pages 76-104, January.

    More about this item

    JEL classification:

    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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