Semiparametric estimates of the marginal price of floorspace

NE Coulson - The Journal of Real Estate Finance and Economics, 1992 - Springer
Journal of Real Estate Finance and Economics, 5:73-83 (1992) 9 1992 Kluwer Academic Publishers
... Semiparametric Estimates of the Marginal Price of ... N. EDWARD COULSON Department
of Economics, Penn State University, University Park, PA 16802 ... Smoothing splines are used
to generate a nonparametric response of housing price to floorspace size. A rising marginal price
is estimated. Comparison to common parametric forms indicates that the semilog is ...