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About the Influence of Time on Spatial Dependence: A Meta-analysis using Real Estate Hedonic Pricing Models

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  • Nicolas Devaux
  • Jean Dubé

Abstract

Real estate transactions data usually consist of a collection, over time, of spatial layers of individual transactions. Despite the presence of a temporal dimension, it is not uncommon for these data to be analyzed using a strictly spatial approach. In this paper, we assess the impact of the temporal omission on spatial statistics (Moran's I and autoregressive parameters) when unrepeatable collected data are used. Using a meta-analysis approach, a sample of empirical studies is collected. The results show that spatial dependence measurement and correction is not an obvious task and that time affects these statistics in different ways.

Suggested Citation

  • Nicolas Devaux & Jean Dubé, 2016. "About the Influence of Time on Spatial Dependence: A Meta-analysis using Real Estate Hedonic Pricing Models," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 24(1), pages 31-66, January.
    • Handle: RePEc:taf:rjelxx:v:24:y:2016:i:1:p:31-66
    DOI: 10.1080/10835547.2016.12090423
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