Estimating compensating and equivalent income variations from hedonic price models

Joel L. Horowitz

doi:10.1016/0165-1765(84)90002-8

Estimating compensating and equivalent income variations from hedonic price models

Joel L. Horowitz^*

^*Corresponding author for this work

Economics

Research output: Contribution to journal › Article › peer-review

5 Scopus citations

Abstract

Estimates of welfare changes obtained from hedonic price models usually consist of changes in Marshallian consumer's surplus. This note shows how compensating and equivalent income variations can be computed from the information available in hedonicprice models.

Original language	English (US)
Pages (from-to)	303-308
Number of pages	6
Journal	Economics Letters
Volume	14
Issue number	4
DOIs	https://doi.org/10.1016/0165-1765(84)90002-8
State	Published - 1984

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0165-1765(84)90002-8

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abstract = "Estimates of welfare changes obtained from hedonic price models usually consist of changes in Marshallian consumer's surplus. This note shows how compensating and equivalent income variations can be computed from the information available in hedonicprice models.",

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Estimating compensating and equivalent income variations from hedonic price models

Abstract

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