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ARPN Journal of Science and Technology >> Volume 7, Issue 1, January 2017

ARPN Journal of Science and Technology


The Estimation of Housing Demand Function To Make Use of Panel Data Regression

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Author Seyed fakhredin fakhrehosseini, Elham Fazeli Veisari
ISSN 2225-7217
On Pages 402-407
Volume No. 3
Issue No. 4
Issue Date May 01, 2013
Publishing Date May 01, 2013
Keywords Panel Data , Hedonic Price Function, Unit root and Co integration of Panel Data



Abstract

In this paper surveys the effective factors for housing prices to use of hedonic price function of housing demand in Mazandaran province west cites. Statistical society of the project is apartments with two flats and more estimated with Double Logarithmic Function by using Panel Data method. The results show that the influencing factor on the prices consists of how big is the house, how luxurious it is and how far from the city center .The results also show that the number of flats in an apartment not only has a meaningful relationship with the high prices, but also decline the average expenditures. Finally, results show that the main factor influencing the price of housing is the size of the flat.


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