| Author: | Kwak, S-J. Lee, J. List, J.A. |
| Title: | Average derivative estimation of hedonic price models |
| Journal: | Environmental and Resource Economics
2000 : MAY, VOL. 16:1, p. 81-91 |
| Index terms: | Estimation Price theory |
| Language: | eng |
| Abstract: | Conventional parametric techniques for estimating hedonic price models require a correct functional form. In this paper, the authors side-step this parametric shortcoming by estimating a hedonic price model using average derivative estimation (ADE). This semiparametric approach produces robust estimates of the marginal effects without assuming a spesific functional form a priori. |
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