Estimating compensating and equivalent income variations from hedonic price models

Joel L. Horowitz*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-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 languageEnglish (US)
Pages (from-to)303-308
Number of pages6
JournalEconomics Letters
Volume14
Issue number4
DOIs
StatePublished - 1984

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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