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Is the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona

Data publikacji: 25.07.2018

Czasopismo Techniczne, 2018, Volume 7 Year 2018 (115), s. 5 - 19

https://doi.org/10.4467/2353737XCT.18.097.8792

Autorzy

,
Ai Chen
Centre for Land Policy and Valuations, ETSAB, UPC
Wszystkie publikacje autora →
Carlos Marmolejo Durate
Centre for Land Policy and Valuations, ETSAB, UPC
Wszystkie publikacje autora →

Tytuły

Is the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona

Abstrakt

Building energy efficiency has aroused much discussion around the world. Energy Performance Certificates (EPCs) and relevant regulations and legislation have been established and enforced in the past 15 years due to the extreme 40% consumption of total energy and 38% of total CO2 emissions caused by residential buildings in Europe. This paper aims to confirm the energy premium in the Metropolitan Area of Barcelona (AMB) and the presence of spatial homogeneity of this energy premium with OLS hedonic prices and the GWR model. The results suggest that the energy premium causes a 12.2% housing price increase from Class G to Class A, or an implicit housing price rise of 1.9% with every ranking of EPC ordinal scale improvement. Furthermore, the areas with a higher incidence of energy labelling are situated in the middle and north-eastern parts of AMB that are inhabited by skilled professionals who more commonly have a higher university education.

Bibliografia

 

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Informacje

Informacje: Czasopismo Techniczne, 2018, Volume 7 Year 2018 (115), s. 5 - 19

Typ artykułu: Oryginalny artykuł naukowy

Tytuły:

Polski:
Is the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona
Angielski:
Is the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona

Autorzy

Centre for Land Policy and Valuations, ETSAB, UPC

Centre for Land Policy and Valuations, ETSAB, UPC

Publikacja: 25.07.2018

Status artykułu: Otwarte __T_UNLOCK

Licencja: Żadna

Udział procentowy autorów:

Ai Chen (Autor) - 50%
Carlos Marmolejo Durate (Autor) - 50%

Korekty artykułu:

-

Języki publikacji:

Angielski