Buildings Energy Performance and Real Estate Market Value: An Application of the Spatial Auto Regressive (SAR) Model
Autor: | Antonio Talarico, Giulio Mondini, Marta Carla Bottero, Marina Bravi |
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Rok vydání: | 2016 |
Předmět: |
Engineering
business.industry 020209 energy 0211 other engineering and technologies 021107 urban & regional planning Sample (statistics) Real estate 02 engineering and technology Post-carbon city Residential buildings Energy requalification Work (electrical) Autoregressive model Value (economics) 0202 electrical engineering electronic engineering information engineering Econometrics Hedonic pricing model Market value business Estimation Spatial analysis Simulation Energy (signal processing) |
Zdroj: | Appraisal: From Theory to Practice ISBN: 9783319496757 |
Popis: | This work explores the role of the buildings energy performance in defining the real estate market value, taking in consideration the presence of spatial autocorrelation. At this regard, it is necessary to put in evidence that a great heterogeneity exists on the Italian territory with reference to buildings energy performance; for this reason, being able to identify a class of most performing estimation models, suitable to separate the spatial effects from the influence of the building components—including the energy rating—on the value, seems to be an interesting goal. In particular, this work illustrates an experiment based on the Spatial Auto Regressive (SAR) model implemented on a sample of residential units located in the city of Turin and represents a first step of a more wide research program. |
Databáze: | OpenAIRE |
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