Konferenzbeitrag

The impact of labour market accessibility on housing prices

In this paper we study the relationship between labour market accessibility and housing prices in a Norwegian region. Through a hedonic approach we estimate implicit prices for a location with a marginally improved labour market accessibility. We test alternative measures of spatial separation between residential location alternatives and job opportunities. Gravity based accessibility measures in general improve model performance compared to a standard approach with one-dimensional measures of distance. We also discuss how sensitive the results are with respect to the delimitation of the geography. Based on our empirical results we finally enter into the discussion of how changes in the transportation infrastructure and the spatial distribution of employment opportunities capitalise through property values.

Language
Englisch

Bibliographic citation
Series: 44th Congress of the European Regional Science Association: "Regions and Fiscal Federalism", 25th - 29th August 2004, Porto, Portugal

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Osland, Liv
Thorsen, Inge
Gitlesen, Jens Petter
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
2004

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Osland, Liv
  • Thorsen, Inge
  • Gitlesen, Jens Petter
  • European Regional Science Association (ERSA)

Time of origin

  • 2004

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