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A mean squared error estimator of market size in hedonic price analysis

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Sarmiento, Camilo
Abstract (Spanish)
Este artículo presenta un estimador kernel espacial que permite estimar los coeficientes y el tamaño del mercado en la observación de interés. En términos económicos, la longitud del ancho de banda del estimador espacial espacial captura el tamaño del mercado incorporado en la estimación en la ubicación de interés y este tamaño óptimo del mercado incluido en la regresión minimiza el error cuadrático medio (MSE).
Abstract (English)
This paper presents a spatial kernel estimator that allows coefficients and market size to be estimated at the observation of interest. In economic terms, the bandwidth length of the spatial kernel estimator captures the size of the market incorporated in estimation at the location of interest and this optimal size of the market included in regression minimizes mean square error (MSE).
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6 páginas
URI: https://repositorio.escuelaing.edu.co/handle/001/2848
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AG - Centro de Estudios Económicos
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