Spatial Econometrics and Geostatistics for Real Estate Valuation

博士 === 國立政治大學 === 金融研究所 === 101 === In recent years, spatial data analysis has received significant awareness and played an important role in social science because of the rapid development of Geographic Information System (GIS). Although classic statistical methods are attractive in traditional dat...

Full description

Bibliographic Details
Main Authors: Chen, Jing Yi, 陳靜宜
Other Authors: Liao, Szu Lang
Format: Others
Language:en_US
Online Access:http://ndltd.ncl.edu.tw/handle/67477177852104667162
Description
Summary:博士 === 國立政治大學 === 金融研究所 === 101 === In recent years, spatial data analysis has received significant awareness and played an important role in social science because of the rapid development of Geographic Information System (GIS). Although classic statistical methods are attractive in traditional data analysis, they cannot be executed seriously for spatial data. Standard statistical techniques didn’t sufficiently deal with spatial dependence or spatial heterogeneity issues. Generally, the model-driven method and the data-driven method are mainly the two branches of the spatial data analysis. The purpose of this paper is to apply spatial statistics methods including geostatistical methods (kriging and cokiging), geographically weighted regression, and spatial hedonic price models to real estate analysis. It seems to be completely reasonable and sufficient. The real estate data in Taichung city (Taiwan) is used to carry out our exploration. These techniques give better insight in the field of real estate assessment. They can apply a good instrument in mass appraisal and decision concerning real estate investment.